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
Don't look at short time frame. When you look at wider time frame then you can analyze better. I think the price will rise this year or next year, I am sure that it won't go lower than $1000. When the price reach $1500-2000 then there is big probability that people will start to buy bitcoin excessively.
we cannot describe shortly with this chat and anything will be possible this is the Bitcoin and you cannot do any prediction for that that's why it remains the unique feature of cryptocurrency so it will be possible that you have expected in the future.