Peak - 16 Dec: 20.000$
Dip - 30 Dec: 12.600$
Peak - 6 Jan: 17.100$
Dip - 5 Feb: 6.900$
Peak - 4 Mar: 11.500$
Dip - 7 Apr: 6.600$
Peak - 5 May: 9.800$
Dip - 28 Jun: 5.800$
Peak - 24 Jul: 8.400$
Now we are at 6.200 going down to the next even deeper dip
This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral
As I always used to say one thing for bitcoin always and I never get worried about the low valuation of bitcoin, though get little bit of tensed as my money has been invested in that but still I know one thing very clearly that bitcoin is a volatile crypto currency and thus its valuation keeps on flactuation and varies according to market demand and supply so nothing to worry about if the valuation is low in present times, I am sure that it will definitely inflate in the coming months of this year.