Look at prices in 2013. Then there was also a sharp rise, then a smooth decline, then again a sharp rise, beating all records. It seems to me that this can happen again. Now there are all the conditions for this, and the cryptosphere itself develops every day. Something must be happening soon!
2013 is in the early stage, the volume is still very low so with big demand, price could easily pump and dump.
This year is different, we are staying at a billion dollars market and institutional playing is already playing in the market, we need some big
adoption where institutional money will not play only, the BAKKT launch will bring good results.
Yes, 2013 is really a mind changing for people towards bitcoin imagine a currency that has a more value than a fiat money. 2013 opened the opportunities for trader and investor in such a way that most of people bats on eye on bitcoin. The real challenge with bitcoin is that how long it will lasts on the top or cryptocurrencies as you can see there are player coins in the market now.