January has always been a weak month for Bitcoin and 2018 is no exception. Bitcoin price remains under pressure from ongoing government crackdowns and the lack of any big catalysts that could allow the longer-term climb to resume. Bitcoin came back much stronger and even surpassed its record values within a few weeks of the Chinese clampdown despite the country being one of its biggest markets. Its price will stabilize and gain momentum when the crackdown stops and it will show an upward increase and Bitcoin will make it past the $20,000 mark.