Bitcoin price analysis from 2015 to 2018: What will happen in the next months?
Hi guys!
I created a graphic analysis of the Bitcoin price from 2015 to the present (first semester of each year, weekly frequency, logarithmic scale).
What will happen according to you? Is 2018 an atypical year or not?
Some considerations:
1) 2017/2018: about 30 forks have been implemented. They may have influenced BTC price (especially cash and gold).
2) 2017/2018: BTC Futures. I think they have weakly changed cryptocurrency market.
3) BTC dominance has collapsed in the last 3 years: from 80% to 40%.
4) Media attention may have influenced last semester.
5) Scalability problems have transformed Bitcoins in assets.
I created a graphic analysis of the Bitcoin price from 2015 to the present (first semester of each year, weekly frequency, logarithmic scale).
What will happen according to you? Is 2018 an atypical year or not?
Some considerations:
1) 2017/2018: about 30 forks have been implemented. They may have influenced BTC price (especially cash and gold).
2) 2017/2018: BTC Futures. I think they have weakly changed cryptocurrency market.
3) BTC dominance has collapsed in the last 3 years: from 80% to 40%.
4) Media attention may have influenced last semester.
5) Scalability problems have transformed Bitcoins in assets.