Did Bitcoin bubble finally burst this year?

in #cryptocurrency5 years ago

Bitcoin well known and Mother Currency of all alt coin struggleing to maintain it's price around $3700. After peaking around $19000 there is continuous downfall in Bitcoin's price. Price of other Alt coins also tanking with Bitcoin. Which is really a matter of great consideration.

sparks-picture-illustration-broken-bitcoin-virtual-currency_099ffc1a-0b59-11e9-af2d-a06eafd7db38.jpg
Image Source

Is Bitcoin dying this year?

This is a well known rumour about Bitcoin. There's is more than 80% downfall in Bitcoin's price. This thing makes this rumour some sensible. But what about history every time when Bitcoin price crashed more than or equal to 80% there has been massive growth in price If the history repeat then what will be the price of Bitcoin after 2 years.

Duc9N_SWwAE1erl.jpeg
Image Source

So what's going on next.

According to me most money is made with patience. Let's wait and see.

Will Bitcoin repeat history and set it's new ATH?

I think it is going to be happen. Just because Bitcoin price is knocked down, it doesn't mean the game is over. We will see soon it's ATH.

What you think about it please let me know in commnt section below.

Regards,
@ajks

Sort:  

Congratulations @ajks! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 500 as payout for your posts. Your next target is to reach a total payout of 1000

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:

Christmas Challenge - The party continues

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.27
TRX 0.13
JST 0.032
BTC 62726.22
ETH 2961.65
USDT 1.00
SBD 3.60