2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.
I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.
First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.
The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.
There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.
Let's support Bitcoin...
I strictly don't believe in the line that 2017 will not repeat. Have you studied btc charts? Look at the drop in 2013 and 2015. Many people left crypto because of those dumps. Same did happen in 2018. Bitcoin has relatively low volume than many of the financial assets. These extensive corrections are needed for the organic growth. 2017 price pump was manipulated indeed. But we can pretty much reach that price point and even more organically. The supply is limited to 21 million and it's nothing as compared to population we are targeting.