It’s hard to imagine now that just a few months ago, bitcoin was riding high, investors were hopeful about ‘Uptober,’ and the bulls dominated the market.

In that not-so-distant past, the cryptocurrency was trading confidently within a six-digit price territory, and had just printed a new all-time high above $126,000. The community was full of new predictions about $150,000 or $200,000 by the end of the year, based on historical performances.

It’s hard to imagine now that just a few months ago, bitcoin was riding high, investors were hopeful about ‘Uptober,’ and the bulls dominated the market.

In that not-so-distant past, the cryptocurrency was trading confidently within a six-digit price territory, and had just printed a new all-time high above $126,000. The community was full of new predictions about $150,000 or $200,000 by the end of the year, based on historical performances.