There are always some interesting developments in the world of Bitcoin. The recent Bitcoin price dip has forced people to rethink their original predictions and positions. However, I remain bullish I`m also aware of the problems affecting Bitcoin. Although no one knows for sure how this market will evolve, the overall view is pretty bullish. After we, saw the Bitcoin price recover most of its losses less than 36 hours later the bullish momentum may be on pause, the recovery happens pretty quickly. Whether or not we can expect major changes by the end of the 2017 is unknown. My opinion, Bitcoin price will consolidate between 10-16k for a while. An extreme dip to 8k would not be out of the norm either. No matter where the price goes I will hold my position.
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From @flamingkrypto