As an avid bitcoin follower that has been following bitcoin prices for years I have witnessed the ups and downs my experience places bitcoins current price at $2700 - $2900, my actual price always differs from the market price as I realise the market tends to over state highs and lows there is usually a safe median. However, with all the doom and gloom there has been way too much good confidence in current events before the negative news that has a community of cryptos that will lift prices beyond their recent highs. I predict the current news will only temporarily dent prices. Once china regulates, the adoption will enter much wider domains and $5000 will look like a bargain. Now is the time to buy, every price now is a bargain as long as you go long. BB
This is not financial advise, please do your own research and seek professional advise. These are just personal opinions.
This is the real truth in the bitcoin field that you can't make success to follow the old concept of fluctuations in the price of the bitcoin because fluctuations in the current time is totally depends upon the Market news of particular coin and also new nee news about the bitcoin .
Here recent example of the down in the price of the bitcoin was of the news of the ban of ICOs in china that was totally regardless to that of the price or value of the bitcoin but still the market of the bitcoin get fully fluctuated .
So here to follow the successful bitcoiners is not a better option to get success , we need to get experience to handle the situation and also manage our work with the perfect timing to make decision to work with virtual currency market volatility ( trading with high fluctuations ) .
But here you Should never think about the fluctuations that happened in the past , and come to live with the real predictions .