So, it happened. After some time moving in a narrow range in the low $300s, Bitcoin price has plunged below $300.
This new Bitcoin price crash at the beginning of 2015 is is a continuation of the downward trend of last year – in 2014, Bitcoin has been the worst performing currency in the world, as far as the price charts are concerned.
Though, if you just open your mind to a 14-month window instead of a 12-month window, Bitcoin Price has performed much better. Try to keep this in mind.
The year-end status of Bitcoin Price is very bad news for speculators, especially for those who purchased their bitcoins one year ago when the price was above $1000, hoping to sell at a profit soon, and have seen Bitcoin price steadily going down instead.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.