Bitcoin prices are constantly decreasing.Its price has increased slightly a few days ago, but now it has decreased again.So, the bitcoin will be completely destroyed? If the predictions of different researchers will be wrong then..
What is the reason for lowering the price of Bitcoin?
The price goes up and down, that's the rules of the cryptocurrency market. It often does down in the beginning of the year in order to prepare for a big 'Moon'. Just wait and see the results, do not be panic.
The problem is that people only look at the price history of Bitcoin for the of period April 2017 to December 2017 and that's the reason why they panic. They only look at that period while don't look at it's history from the beginning. If we look at things with a wide picture we will not be panic, in fact we will understand the reality that price will always fluctuate but we need to be patient to achieve our goal.
Indeed, Significant price increases in the same quarter last year, making people excessively expectations. Last year, Bitcoin has many events including Bitcoin hard fork, many new promising altcoin was announcing, etc. The market was very health and good for doing trading, in other way there is still any government seeking to tire Bitcoin transaction either. Time has been change, condition could be different, we should be wise to view it from wide picture.