Well, everybody is expecting the bitcoin price to skyrocket again just like the last year 2017 but instead, the bitcoin is full of surprises. The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently going downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?
IMO the bitcoin price will touch (or go closer) to the previous historical ATH (that is around ~1500), not directly but in due time. reasons for that are several but you may observe that there are several bad politics within the community and some ruthless players. that is before the real gangsters kick in (i.e. wall street in an official way). a lot of "old" capital has to be washed out before starting the new bull cycle again. it may do some temporary stops at 4500-5000 or 3000 but my buys would be set as low as i described. btc is a marathon and not a speed run. also take in mind that a lot of capital that is allocated in many many other non viable coins somehow has to go somewhere. my 2 cents.