Since the beginning of the new year, the past three months has seen most cryptocurrencies lose over 60 percent of their values. Bearish markets have started to spark 2014 memories when BTC/USD markets and many altcoins suffered from a year-long downturn. Surely there have been few similarities to the current 2018 bear run and the one that took place in year 2014 where the price of BTC dropped from $864 per coin to roughly $200 over the course of the year did you think bitcoin is repeating the same bear run.

I do not think that will happen, the current price downtrend is only temporarily limited. We can already see prices rise and are on a positive track. The year 2014 can be regarded as a tremendous decline, but it is the beginning of price increases in the next year. For now the market share of Bitcoin is great, so for me when there are still many people who believe in Bitcoin then bitcoin prices will remain stable, a decrease of a few percent is a natural thing. There are still many opportunities to experience improvement, Bitcoin and cryptocurrencies are still in great demand and are now being used in many sectors. This will greatly assist the endurance of cryptocurrencies, especially Bitcoin.