Re: 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.
This is an informative write-up and I really enjoyed the information you have provided here as this way help most people here to make an informed decision. Bitcoin dominant has drastically reduced and this is because then we have very few coins but now we have many coins. The future has also affected bitcoin price and I think very nagetively. I believe bitcoin is going to do very well in future and what has happened should be what we should watch over. 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.