After going to a new record high, Bitcoin is trending down and According to Coindesk’s Bitcoin Price Index (BPI), bitcoin prices dropped to 6,210 USD within a month and it was recorded 19343 USD in December 2017
Bitcoin went down to another 13 percent to below $6,000 on Tuesday, bringing losses to more than half from the beginning of 2018.
It is a very shocking news for investors who invest in bitcoin and when this type of things happen we recollect the quote given by Warren Buffet:
DON’T PUT ALL YOUR EGGS IN ONE BASKET
According to the bitcoinforecast. com bitcoin will go down upto 3500 USD
And it will go high upto 27000 USD by May 2018