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 bitcoin price isn't gonna rise soon and if it would rise then it will be the latter quarter of this year as it has been evident from the past incidences that bitcoin always moons in the latter months of the year, the same also happened last year also. So if you want to buy bitcoin then you would still be having a few months time, so buy bitcoins little by little and not all the coins at once as this will be leaving you with an opportunity to buy bitcoins at cheap price.
The value was 5.8k dollar yesterday and today the value has improved to almost 6.3k dollar so this is a good improvement at this stage and this improvement has changed the minds of people which were of negative perceptions yesterday. The market if continue to grow even with little increases then we will be standing in a good position anytime soon so wait and hold tightly.