the fourth quarter of the year normally determines whether that year is good or bad for the crypto market. if you look at the last year 2017 the cryptocurrency market started booming in the early October while nothing good happened in the last October yet the market is crashing very badly in November. i guest this year is not the good one for bitcoin and the cryptocurrency in general.
We can't always have sunshine and margaritas on the market every single year, sometimes you have a bad year, that happens in finance world all the time, we better get used to this kind of stuff time to time. In 2012 bitcoin went up, in 2013 too, in 2014 it dropped a lot, in 2015 it got up again, in 2016 it raised a bit and in 2017 we had the biggest bull run of bitcoin and in 2018 we had a bad run again.
It tells me we will definitely see a huge increase in price in 2020 with the halving if the calculations are similar. 2014 wasn't a bright year for bitcoin as well but we overcame that and now those prices look funny to us. In 2014 the price dropped from 1400 to 200, those prices are fraction of what the bitcoin price is right now. Lets hope that in 2020 we will look back on dropping from 6 thousand to 5 thousand as funny memory.