if you look at the price development chart of the last two years, the beginning of the year always starts with a weakening price as if bitcoin will be destroyed, what I question is whether the pattern will return and continue to recur in the current year and the next few years?
You are right. CMC confirms that every first quarter has been so challenging in terms of altcoin's price until the financial year ends. By middle of July the bitcoin value would recover back to normal. As like last year the bitcoin value would go to the moon with its 60 percent growth compared to last December. We could see a minimum of $30K this year end.