Post
Topic
Board Speculation
Re: It's happening again. Bitcoin price went under $7,000
by
bryant.coleman
on 05/04/2018, 13:44:05 UTC
Whales will be satisfied with 4.000 USD, and then - boooooooom!

In 2015, the exchange rates had reached a new low of around $200 per coin. The historical peak at that time was $1,231 per coin which was attained in 2013 December. So the prices in 2015 represented a 85% decline from the peak valuation. Going by the same logic, an 85% reduction from the peak in 2017 December ($20,000 per coin) comes to around $3,000 per coin.