While some of us are aware that BItcoin suddenly took a huge dip from a stable $6400 to a shocking $5400 dip late this week. A total opposite of what had transpired last year of fourth quarter where bitcoin skyrocketted its value to almost $18000. Many are left wondering what is happening to bitcoin or will it be the end for the coinn what do you think about the current situation?
Exactly my thoughts. Last year the price went up when it dropped this year almost in all moments. Last year when the year started out the price was really low and gone a bit up until summer (bitcoin cash times) and than stayed same for 4-5 months and went up once again at the last months. This year it dropped a lot during the first months and stayed the same for 4-5 months and than dropped even further at the last months.
Each and every single step is exactly the opposite of each other aside from the fact that both years had some time where it was staying the same and stagnant. Lets hope we can reverse this by 2020 and during the havling period and afterwards we will have a bitcoin that is much better than what it is today and much higher volumes with more people interested in it.