Had the Bitcoin bubble burst or was it just a blip? – Investment Watch

By | January 8, 2020

In late 2017, the spike in Bitcoin value stopped just a few hundred dollars shy of $20,000 at the highest exchange rate a cryptocurrency has seen. 2017 was a year of cryptocurrency craze as the Bitcoin frenzy penetrated all depths all society. But in the course of 2018, the currency went through a steady decline that cast a shadow of pessimism among global investors. As of January 2019, 1 Bitcoin is valued at a mere $3,500, not even a quarter of its glory a year ago. Many believe this the end of an era. Had the bubble burst or was it just a blip?

Please read the originial post here: https://www.investmentwatchblog.com/had-the-bitcoin-bubble-burst-or-was-it-just-a-blip/