Bitcoin, the first largest cryptocurrency, has had it rough since it reached its peak at $19,500. After the 2017 December to 2018 January frenzy ended, everyone was expecting BTC to recover. Unfortunately, it didn’t recover and things only got worse. Right now, BTC is hovering above $4,000 and there is no saying when another bear grip will take the price below this level.
As expected, some experts have given their opinion about the current bear market and most of them don’t think it’s going to end soon. While BTC may find stability short-term, it’s going to take a lot of long-term effort for it to get to its all-time high of almost $20,000.