Bitcoin With the Comback

in #bitcoin7 years ago

Bitcoin Fall and Quick Rise

3EAD7E06-C173-4299-B1FE-B8B3C0D9DF61.jpeg

Over the last couple days bitcoin has had some wild swings. It has dropped all the way down to nearly $5500, and is now sitting at over $7000!

Why did this happen

(This is all my opinion)
With all the debate going on with the forks and segwit2x, I believe people moved into bitcoin cash and that shows with the massive price rise that has gone on. But now we say that bitcoin cash has dropped to about 0.175.

FBD0B333-DA81-4F61-9AD2-794289498CC4.jpeg

This chart of bitcoin cash shows the massive hype that went in to it while bitcoin dropped down to it’s bottom. Now as bitcoin cash settled down we see that bitcoin has raised quickly up to over $7000.

Sort:  

Congratulations @rapidfireman! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 3 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.20
TRX 0.14
JST 0.030
BTC 64821.33
ETH 3466.08
USDT 1.00
SBD 2.51