The year 2018 has set foot in the third month, and there has been no significant significant movement. But if we look at bitcoin journey in 2017 based on "Visual Capitalist":
- Price range $ 1000- $ 2000 for 138 Days (January- April) This range is filled with news about Chinese cracks down on bitcoin and Github project.
- Price range $ 2000 - $ 3000 for 23 days (June)
- Price range $ 3000- $ 4000 for 63 Days (in August) filled with bitcoin cash fork.
- Price range $ 4000- $ 5000 for 61 days (August - September) filled with the decision of China to shut down all bitcoin exchange, and Korea Bans ICO.
- Price range $ 5000 - $ 6000 for 10 days (end of October) filled with bitcoin gold fork.
- Price range $ 6000- $ 7000 for 13 days (November) filled with Vietnam news tire bitcoin and crypto payment.
- Price range $ 7000- $ 20k (November - early December) Bullish time.
When we refer to the data, everything looks good-well this year, and goes according to the track.
Yeah the first four months for btc have always been quite depressing and the journey gets a kind of backward movement before it leaps forward. I think the same is going to happen this year but it will happen only if the major countries of the world come forward with a positive attitude towards bitcoin. Last year btc wasn't that popular as much it is now so its altogether different story this time.