In 2017, we did not have the capacity to sustain the bull run longer because the existing exchanges could not handle the volume of new investors trying to enter the market.
I do understand that it was still overbought and a correction was inevitable. The market had almost no structure. Now with all the new infrastructure being put in place should eliminate most of that problem. In the meantime, market will continue to do what it has been doing.
It’s just a tough phase that cryptocurrency market is going through right now. But in the near future one can expect bitcoin’s price to rise.
Bitcoin has always repeated history. It had always come back. so hope for the best.
Whats your views?
in my opinion bitcoin will explode in 2020 fork. because in 2017 bitcoin expleded because of previous hardfor. and now i wait same.