The Bitcoin has the huge price last December 2017 . And the price suddenly changed this year. Many members and especially those active traders have been disappointed with the sudden drop in bitcoin price. That's why people are often comparing the price of bitcoin last year.
We can not predict the price of Bitcoin this year. It's too early to say that the cryptomarkets are not in depths and gradually returns into the light. So i'm still waiting what is the good news happen in this year.
What do you think?
I think that it might take about 2 month before we see big price movements towards 15k.
I base that prediction on a simple question:
"What should happen before we see major price movements?"
or with other words
"How should the BTC ecosystem look like before we see major price movements?"
My answer is simple:
Cryptocurrency projects needs to deliver. (past icos)
newbies need to understand and trust the technology.(thru education)
we need more good news about crypto.
and i think it might take minimum 2 month for projects to deliver, newbies understand and good new to come.