Somehow I known that every years first month bitcoin falling down, and then finished the January months bitcoin go with his own speed. So, first month (January) end, now 2nd month of the year 2018. Now can be rise as like 2017? or few months ago.
How says expert research!?
Actually, there is no solid proof that Bitcoin will increase after the first month of the year. Yes, it has been proven that every January, the price of Bitcoin and other cryptocurrency will decline. However, when the decline will end is unknown. Based from a thread in the Speculation Board as quoted below:
2012 jan - Aug: -36%---> From from $ 7 to $ 4
bitcoin had a downfall from January to August of the year 2012.
I think the month of February for Bitcoin is not much for the optimistic ones. I believe that it will stay bearish during the first quarter of 2018. Then we might have a sharp bull ran. I hope so.