Juniper Research paper predicts bleak future for Bitcoin, revival unlikely

At one point last year, it seemed as though all conditions were in favor of virtual currencies such as Bitcoin becoming viable alternatives to fiat currencies. The end of 2017 saw a massive bull run in the crypto market, with Bitcoin surging to nearly $20,000.
However, the current situation is completely different. The crypto market has been sliding swiftly from last year’s record levels and its earlier rally could not live up to the expectations of the crypto evangelists.