Bitcoin price & Altcoin analytics

The prolonged bear market has left traders with no hope at all. Now it is highly probable that the Bitcoin price will sink further and go down to $3,000 or even less. However, Bitcoin seems to resemble a lottery ticket and one never knows what it can bring.

Two weeks ago, the Ethereum price was turned down around the $125 - $126 resistance level over the USD. ETH/USD begun a big downward trajectory and changed hands below the $100 support level. Ethereum sellers adjusted the ETH price below $100 level. A new annual low was created close to $80 and thereafter, the price surged.

Over the largest part of this year, the crypto market has remained bearish, with rapid corrections continuing no more than a couple of weeks. Now traders are scared and confused about taking any further steps with the fintech. Luckily, some experts claim investors have nothing to be afraid of.

Bitcoin (BTC), the world's top crypto by market cap, is still experiencing tough times and is likely to fall below $3,000 in January and February 2019, according to experts. Several analysts believe BTC prices will stabilize between $2,000 to $3,000 price level.

The Bitcoin (BTC) price rallied 11% on Thursday, November 29, to over $4,250, setting it on course for its largest daily increase since mid-April 2018, as it forced itself out of the recent breakdown. The global's largest and popular crypto hit a daily high of $4,296. Other major cryptos also surged. BTC has lost over 1/3 of its value in the past 15 days amidst high selling affliction.

The crypto market is facing a reprieve from the drastically bearish conditions seen over the weekend and the beginning of this week. The market bull - Bitcoin (BTC) has increased from this year's low of nearly $3,500 (on the weekend) to nearly $4,300 at (+14.35%) on Thursday, November 29.