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September 05, 2018, 08:53:30 AM |
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2017 was the best year for bitcoin, judging by the course. But from a technical point of view, everything is just beginning: the 2018th promised to be the year of launching the most anticipated innovations that could significantly change the fate of the crypto-currency world. The year 2018 has not yet ended and the course can still break the record. Many investors and consultants say that $ 5,700 this year is the bottom and prices will continue to rise. Although in the long run there is every reason for optimism, in the short term it is worth to moderate enthusiasm.
To determine the starting point of the parabolic rally of the leading crypto currency, which ended at $ 20,000 at the end of last year, it is necessary to return by August 2015, when bitcoin was trading below $ 200. This rally really has historical dimensions. Even in markets with a long-term tendency to increase, participants need time to understand and digest the information accompanying such grandiose market events.
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