Most of the altcoins are down 90% from their peak valuations in 4th QTR 2017. Only a few cryptos have fared better and these include Ripple, Stellar and Ethereum. Others like Cardano and NEO have witnessed bloodbaths.
indeed at that time both bitcoin or altcoin experienced many good developments. but at the end of this year all coins or altcoins suffered the same fate as well, there was a significant decline
Although there was a significant decline of their prices, I do not think that bitcoin price would fall lower than $6,000 since its price depends on mining. Everytime its price decreases to below $6,000, expect for its price to rise eventually.
I will want you to know that is not about the issue of ones thought that will determine the bottom price of this year bitcoin market nor does the price depend on mining because if the mining are intact while there is not demand in the market the price will dump. What I am trying to point out is that everything both the mining, demand and supply status determine the price of the market. However, I want you to know that the bottom price of the market will be below $6000.