I see many people keep on trolling the bitcoin whenever it goes peak.
well, you must understand the side of people. People bought when the price was $18000 and if they did it was probably because there were many analysts who made very high price forecasts, we are saying that had analysts who predicted that by January 2018 the price of bitcoin would be $40,000. then comes January 2018 and the price drops to $6000, see that this was a big loss for many people, it was the high expectations of the people that were taken, so it is normal for people to be hurt.
Personally I assume the bitcoin for long time in all the aspects so I have strong faith on bitcoin and it will be reach the peak value again in the market. I expect the bitcoin to touch the 20k USD on this coming christmas.
I think it's very difficult for the bitcoin price to reach $20,000 later this year, with the pressure from governments and regulations, it's very difficult to have large price increases
But it is still not impossible. If bitcoin price can decrease from 20000$ to 60000$, then no doubt that it can recover its previous high price less in less time. I am still sure about bitcoin price that it will surely reach to 20000$ before the end of 20118.