2017 has being one of the phenomenal years for the people who had stayed invested till the last. It has given some of the unexpected rise during the last couple of months in 2017. Though the start of Jan 2018 was good the market kept moving up but during the later half the market started to sin and back to 10k levels at present.
How do you predict the 2018 year to be for bitcoin. Will it rise back like 2017 and if yes than what could lead to those rise and if no than what factors could be accounted for the downfall?
In my point of view, its really hard to predict wheather the bitcoin price will raise again this year just like last year. Let's just say its possible yes and its possible no. Yes, because that is the nature of bitcoin being in a peak of its high price then suddenly its goes down. No, because as you can see until now, bitcoin is still can not recover from its downfall, We just need to wait, be patient and believe that hopefully bitcoin will raise again I wish one of this day it could goes high again so that, bitcoin will boom again on the market.
In my opinion 2017 was better than 2018 because thousands of investors made thousands of dollars from their holding and in this year most people lost their investment because the price is on the way down and there is no sign of growth till date. To observe this I conclude that the previous year was good than this one so far. Half year has gone and the price is still below $7000.