Post
Topic
Board Altcoin Discussion
Re: Bitcoin Price Drops Below $15k, Down 25% from All-Time High
by
MiningSensei
on 24/12/2017, 12:57:53 UTC
It is obviously that this is another fud scenario, i am seeing this kind of information everyday, so it is no longer surprising me anymore. Another fall? Anyway, i am not selling anything at the moment.

The price of bitcoin is down more than 25 percent from an all-time high of nearly $20,000 reached this past weekend, market data shows.

And do you think that $14,502 is a low price? I think that you are wrong with this, the price is 100% over the November 24th price, just a month ago.

Prices fell to as low as $14,502 to start today's trading session, according to CoinDesk's Bitcoin Price Index (BPI), about 27 percent from the all-time high of $19,783 reported on Dec. 17.

It is much more stable than before, it dropped a lot during the start of the week, but it doesn't mean that it is not stable. It has been between $12,000 and $20,000 for more than a month aproximately.

Overall, bitcoin has seen several notable price drops following Sunday's gains, including a dip below $17,000 on Tuesday that accounted for a roughly $1,800 drop on the day.