Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
With everything that happened last year, there is no doubt that price as going to get such high. Everyone talked about Bitcoin, the main topic last year was just Bitcoin and people kept talking about it; both positively and negatively and I believe that drew the interest of several investors and they started to put their money into it. By the end of the year a lot of people called it a quit and price got very down. Too bad for those that got in late with the hope that price will continue to increase.