Peak get lower and lower, and dips get worse

[Falmera]

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

Hopefully, it is not. It will just turn back to its peakmost. Let us just extend our patience and just wait for the price to recover. It will be just fine and bitcoin will not disappear

[Nnedaddy1]

I still have faith that the market is going to come up fully in the nearest time possible.
Its the nature of cryptocurrency to swing in prices.
The market will recover soon.

[Xlady]

The Housing market crashed at a time, same with the Financial market. The crash isn't new and many people in the financial system expected it actually. The crash of the housing and financial markets didn't mean they vanished totally. Bitcoin will now grow at a steady organic rate. which will be good for the long term, not for those that want to get rich overnight.

[Teriyanone]

If this situation continues most people will disappoint and definitely will move from the market forever because even now the losses are very high and many investors are not yet moved because the invested amount is still holding as Bitcoins with a very less price than they purchased but no one can say that Bitcoin will crash or this trend will continue for certain because we see both negative and positive sides so only the time will decides what will be the path that Bitcoin will select and no matter what that is there will be a significant effect in the crypto currency market and the community   

[euronine897]

Many investors are concern about the Bitcoin prices these day and I think many investors even who were new to crypto invest learned from the previous price fall to be patient and that is why most investing individuals are waiting to understand whether the price of Bitcoin will fall down further or not to make there investment more effective and profitable but other have already moved to other alternative currencies due to the huge fall and we can expect these kind of things happening in every investment field   

[CLAID]

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

I had to loose many money during those price falls and when I think about those moments I still feel bad about my self but the problem no one believed that this will happen to Bitcoin or any cryptocurrency and lot of people were targeting to make good money during there arrival to the crypto world by investing in Bitcoin and I did the same thing and kept my moral and motivation until the investment goes high and made more investments but when the drop occurs everything came to fall but now it seems like the price drop is finished and we can see a slow increase so if you are willing to recover those losses the best thing to do is buy more as you can today and trade wisely while learning more about the market

[koincik]

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

I had to loose many money during those price falls and when I think about those moments I still feel bad about my self but the problem no one believed that this will happen to Bitcoin or any cryptocurrency and lot of people were targeting to make good money during there arrival to the crypto world by investing in Bitcoin and I did the same thing and kept my moral and motivation until the investment goes high and made more investments but when the drop occurs everything came to fall but now it seems like the price drop is finished and we can see a slow increase so if you are willing to recover those losses the best thing to do is buy more as you can today and trade wisely while learning more about the market

We are waiting now for ETF. Bitcoin is getting stronger again. Maybe its prices go stable for a while but will be rise again soon.

[block2point0]

Your data is really good but we can say Quarter 4 can give new peak to bitcoin as like last year in December 2017, now bitcoin crossed $7k price. if ETF approved than market get new investors and new money after that definitely market will move for uptrend. now only two scenario work one is Q4 and second is ETF approval but now chances of market uptrend is much more but no one can predict exact future we can only make guess.

[Jhonthor]

I think it's like a trend. When the down value all goes down, it's the opposite

[khaled0111]

Is there any statistics proving that the number of Bitcoin adopters is decreasing?
I think not, each day the number of bitcoiners increases but the price still dropping because the new comers invest small amount of money that don't have any influence on the market.

[yussuzc1]

Slowly we see that we fell further down the hall. But since the time of the bitcoin edition we have been looking at the chart.
After the summit, it has declined 3/1 and has always reached the other summit by doubling itself.

[erichall]

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

Maybe you're right but what if Bitcoin ETF gets approved? There will be new money in the market, demand of Bitcoin will increase and so will the price.

No. Everyone who ever wanted to own Bitcoin basically jumped in when we saw the ATH of 20.000$ thinking they could get rich quick. There are no new possible investors out there. And as more and more Bitcoin owners begin to realize that we will never get back to the bubble-high of 20.000$ they are slowly leaving. Bitcoin-believers then "buy the dip" as these people slowly exit, causing the price to go up - but these peaks are getting lower and lower because there are fewer and fewer people involved.

The market will always have new investors but bitcoins rise up to 20k was from too many investors at once and too quickly. Bitcoin still needs a lot of time to recover from that parabolic move.

[Yusuf77]

I still believe that the market will appear fully in the nearest future. I can only be patient and remain confident that the market will soon recover. you need to know that patience is also important to make an investment and not too carried away, because it will cause an emotion

[BaeNaNa]

That's called downtrend and the effect of the crash, not everything will go up constantly without taking a break. The pump is not normal in the first place with a lot of hype during the bullrun that bring a lot of new money into the space and they flow out when the market crash. If you want another great bull run then you should wait until the market stabilize again.

[SIDDHI777]

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

True Bitcoin seems like the biggest crash in the history when you look from the outside because Bitcoin price dropped and that is why many say that but it is recovering perfectly so definitely it will reach to it's correct price in the future but it might take a while to happen that and the only thing it needs is more time so traders should be more patient in these days     

[vfrcbv911]

Yes, now bitcoin is going through its not the best times, but Hey this is a promising technology and the price will still grow in the future!

[Ava Duvall]

There's a correction after the big rush of last year.

It could go lower, perhaps to 3000.

It's a matter of patience. Bitcoin is the solution to fiat money printing. More and more countries are printing money, causing inflation and devaluation.

On the long term, Bitcoin will rise again.

3000 would quite a low price, for bitcoin, and I think we have had enough dips this year

[AliMan]

Yes, now bitcoin is going through its not the best times, but Hey this is a promising technology and the price will still grow in the future!

We can't do anything about that because it all depends on the market itself. We should just focus on making our own account better and wait until the market recovers. Well we must not panic and don't dwell on the negative side because it will only bring us into more trouble. Let's keep on supporting the system until rise again.

[yonjitsu]

For now, we can't really decide the future of bitcoin whether it will have a good price this year the same as what we have last year. You might think that this will be the start of bitcoin's end of dominance in the cryptoworld but eventually, as adoption of bitcoin is increasingly higher across the globe, then its market price and cap will surely rise even more than the ATH last year.

[shulc7]

I still believe that the market will appear fully in the nearest future. I can only be patient and remain confident that the market will soon recover. you need to know that patience is also important to make an investment and not too carried away, because it will cause an emotion

It was simply a very long correction period after the hype around Bitcoin. I am an optimist (and a realist as well) - believe that BTC price will go to the Moon in less than 5 months.