Recently, the price of bitcoin has dropped by almost 1/3. The beginning of May is 58 thousand, now it is already 38 thousand. The chart is steadily falling down. Will Bitcoin die in the summer?
I think it will not die, but maybe it will drop we all witness a massive drop of the bitcoin price, dropping is normal but dying or become zero in value is imposible. We all witness how bitcoin reach its ATH this year. So dying is really far from reality maybe it will be back to its price in 2018 but it will never fall into zero value.
It's been said many times that it will die but until today Bitcoin do exist and lucky for those who bought when massive dumped happened as
they really enjoyed all the perks after the bounce,
It's all on you if you do believe that it will proceed and bring more benefits, buying at the dip and make sure that you are willing to wait is
more profitable if you have the patience to keep holding.