Bitcoin prices have been in a free fall and dropped to a low of $5,860 a week ago.
It meant it dipped below $6k for the very first time since October 2017. Cumulatively, BTC has lost 70% of its value in 2018 and the peak of $20k on December 17 is just but a stat now.
It is not because there is still users who use it and there is still users who earned money. Maybe because they say biycoin is dead because the value of it is low in this season but I still hope and believe that soon the of bitcoin will be back and get higher than before.
If you see bitcoin right now, the price are still high and because of that I can say bitcoin is not dead. The recent dump is a result of panicking of small investors and the said manipulation of the whales. Be patient in this market, this is not the end we are just in the middle of our journey to a brighter future.