Bitcoin broke all sorts of sequences, but most were bad records. In a few days, he will set a new record of four years.
Since October 2014, Bitcoin has not dropped in the previous four months. However, it will be closed in November and will be the expected conclusion. It will take place every month of August and the duration will be four months.
On October 31, 2014, after the fall of four months before the fall, Bitcoin had $ 336.
Since it opened in November, Bitcoin prices have reached more than $ 6,500 and have dropped by more than 40% to date. The most popular digital currency has been the digital currency since more than 50% since the first month of August.
In the past four months, many famous investors predicted below. On September 13, Michael Novogratz published a tweet: "I think it's a low yesterday". Bitcoin was priced over $ 6,000.
On September 30, a survey by Fundstrat Global Consultants found that 44% of investors had reached Bitcoin's low point. In a report published on October 4, Fundstrat said 54% of institutional investments that participated in private dinner said that the worst case of digital currency has been exceeded.
Now, due to the large loss of bargain hunters, the voice of the critics is even bigger. The digital currency is a fraudulent industry.
Analyst Wolf Richter said in a recent report, "This is a scam. From December 2017 to early January, it reached its peak and then fell."
On Tuesday, Bitcoin reported $ 3,729.45.