They say that history repeats its self. Maybe this is the history of the bitcoin price that tends to go up and down in a certain span of a month. I even check the graphs and I have also notice that the bitcoin price drops mostly on the end and start of the year. But when the end the third quarter and the start of the fourth quarter the prices are gradually climbing up. We just hope that the trend remains the same as the history repeated. It could be great if the price goes along with the historical price increase and decrease as it could be a major guide in crypto trading.
This year is totally different from the past year because now more countries are looking into the crypto currencies before they don't consider this as much.But when we compare the graphs it looks like the history repeating like happened in 2013 so this might be a good time for the investors to buy more coins.I thik the price will rise in the second half of this year.
Even in the past the Bitcoin recovered and has been recovering after its downfalls, as we know well about its actions which depend upon the demand rate. Increase in its demand rate will activate the price to go high while decrease in its demand rate will decelerate the value and may drop to lowest situations just like the current situations. So we should never forget that it will recover because we have seen it recovers.