Analysis for Bitcoin (Evolution and Involution for 7 years)
I will start with the @Bitcoin evolution and involution in 2011
chart
- --94% from June - to-November 2011, from 30$-to-2$ , Reason:- MtGox hack
@Bitcoin evolution and involution in 2012
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- --36% in August 2012, from 13.50$-to-8$ , Reason:- Linod hack
@Bitcoin evolution and involution in 2013
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- --69% in April 2013, from 230$-to-68$ , Reason:- MtGox stopped Trading
- --61% in December 2013, from 1174$-to-522$, Reason:-Unknow(maybe Christmas shopping)
@Bitcoin evolution and involution in 2014
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- --65% from January-to-December 2014, from 770$-to-319$, Reason:-Unknow (maybe MtGox again)
@Bitcoin evolution and involution in 2015
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- ++25% from January-to-December 2015, from 313$-to-430$, No incidents reported
@Bitcoin evolution and involution in 2016
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- ++57% from January-to-December 2016, from 434$-to-968$, No incidents reported
@Bitcoin evolution and involution in 2017
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- ++1400% from January-to-December 2017, from 997$-to-13960$, Reason:-China Ban in September
@Bitcoin evolution and involution in 2018
chart
- --65% from January-to- 17:20pm 03/February/2018, UK, from 13412$-to-9322$, Reason:- CoinCheck Hack, South Korea Ban , China Ban, Media bad influence.
A lot people when Bitcoin Crash = Sale
Me Bitcoin crash = buy
I hope you enjoyed the analysis on Bitcoin
Thanks for reading
Very good info
Thanks