History has a habit of repeating itself. However, the pattern of prices after the recurrence of history, make their own adjustments. Bitcoin was already experiencing such ups and downs. This correction will also pass.
In my opinion bitcoin will not die. Because regulation of the state will be the basis of fixing bitcoin as payment tool. We just need a little bit more time and must be patient.
This is correct. I have no words for people who think that just because we have thousands of altcoins so bitcoin is destined to fall.
We need to get real here - no amount of random shitcoins will gonna make people sell BTC and go for altcoin XY.
Bitcoin is not a sprint it is a marathon - so if someone is expecting price spike to $100k overnight - then maybe it is better to buy altcoins then.
The current market value is still very high and more than that of other competitive coins or currencies in the market. we know that this valuable coin has all the secrets behind as the market demand is higher than the market demands of other coins and also the response of this coin is also frictionless than that of other coins. These are the factors which are in the favor of Bitcoin due to its proper work in the market.