But I think, bitcoin will hit an another ATH after this bloodbath, like what happened last year. This situation always repeated in the bitcoin market. I think it will start bullish again after chinese new year or in march.
Many are predicting that after the big dip there would be a bull run. And it seems to be happening right now as we heading towards the end of February. Albeit slow, Bitcoin is now heading upwards and maybe or hopefully it can reach the $15,000 level before the end of the first quarter 2018. Right now, we are hearing less FUDs and fake news so this can be a contributing factor for the rise. We just have to continue on having faith on Bitcoin and we are supposed to be the disruptor and not the disrupted whenever it is not going up.
I'm not so sure I would call it a bull run if anything this is a snail walk, since it is very slow, but at least the price is recovering and we are not losing any more money, now 15k by the end of the first quarter will be great and it is looking like a likely possibility but I do not know how long this recovery will last since it is clear to me bitcoin will keep being attacked for a long time by investors wanting to reduce its price so they can get in for an even cheaper price.
