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After climbing to the $1,500 mark, bitcoin cash price failed to continue its bullish rally, and the price has seen a steady decline ever since now.
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Sometimes, bitcoin gets deleted, corrupted, lost, or hacked. While the crypto craze did happen, and it dominated 2017, it appears to be over, and many have already proclaimed that bitcoin is dead. If there is a daily close above usd 500, the price might. Because this currency developed from a split in the main bitcoin blockchain, users holding btc in software wallets at the time of the fork would have gained an equal amount of bch corresponding to the same private keys. The post will bitcoin ever recover?
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The price is currently correcting higher above the $230 resistance zone.
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