Bitcoin prices have never been so low this year. Prices were down to 5,826.41$ (Jun 24 2018 16:04:00 UTC). Many advisers say that at the end of the year it will hit 30,000$. The market is seeing more than the fall from the price rise. Imagine when the speculation will end?
Right. ~ 5k8 is the most severe decline this year. Previously bitcoin was at ~ 6k5 at the end of March. But at the current position, it is possible to see that every move is more balanced. Can not determine at this time. But I suppose ~ 5k8 is the price at the bottom of the bitcoin before development.
We should seek for some ways to improve bitcoin price. We should advertise bitcoin to make its value high. It is midyear, but we cannot make bitcoin more low. We know how investors think, they should know what will happen in the next few months