Bitcoin Is Headed Lower

Bitcoin, which hit a high of almost $19,000 on December 18, 2017 is headed lower – possibly much lower, for now. This isn’t the end of Bitcoin, just a view that in the near term, the price of Bitcoin will continue lower (it may bounce, but the highs are in, for now). It is not the end of cryptocurrencies either, in fact the rise of other cryptocurrencies is part of the reason Bitcoin is due to continue its recent pullback.