Hello guys, In 2017, Bitcoins price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?
This is how it happens by itself, after a large drop, this coin of crypto currency tries to climb to its former place and it does not turn out bad, because bitcoin has already increased a lot.