As Bitcoin (BTC) continues to languish far below its December high of around $ 20,000, speculation is rife as to whether this is the sound of the bubble bursting.
The incredible recent volatility in BTC prices has in no way diminished the interest of investors, who are pondering what 2018 has in store for the world’s most popular cryptocurrency. Can it repeat 2017’s astonishing return? Are recent price swings based on the cryptocurrency’s actual utility and value? Or are they, rather, the result of speculators jumping in and out for quick profits in an overheated market that, in fact, needs to cool off?