at that time still unsure whether bitcoin will boom or bust, how to analyzed the market from a different perspective ??
Actually i did not get any true indicator still now form 2016 that we easily realize the market. In year 2017 we saw many comments, analysis, indicators but nothing was actual and no actual news we got. So i think we have to keep our eyes into market and environment so that we can understand the market position.
I'm not an expert in analyzing every detail of the market price of the bitcoin, but I did some study and explained how the graph presentation works. Also by the use of the internet today we can now get a lot of information with the help of the search engines and even by the content of the other people it helps me a lot to make more research, ideas, studies, and also information what do I need to do and how to read the market price of the bitcoin. Before, the price of the bitcoin is fall back for over 8k dollars and now goes up for over 9.6k dollars and rises again for over 10.4k dollars that were huge. Many people got investment still because they see the potential of bitcoin to give a lot of profit. But now the price of the coin goes down again for 9.6k and becomes stable this is just only within two months there are a lot of changes within those phases, and now it is stable again like on the previous year, and this is a sign of good profit because the halving is coming within May or March that the source of the bitcoin will be limited, and the price of it will goes higher again. Those are the possible hint to identify if the bitcoin will boom or burst.