Analysis for Bitcoin (Evolution and Involution for 7 years)

in #news7 years ago (edited)

I will start with the @Bitcoin evolution and involution in 2011
chart

  • --94% from June - to-November 2011, from 30$-to-2$ , Reason:- MtGox hack

@Bitcoin evolution and involution in 2012
chart

  • --36% in August 2012, from 13.50$-to-8$ , Reason:- Linod hack

@Bitcoin evolution and involution in 2013
chart

  • --69% in April 2013, from 230$-to-68$ , Reason:- MtGox stopped Trading
  • --61% in December 2013, from 1174$-to-522$, Reason:-Unknow(maybe Christmas shopping)

@Bitcoin evolution and involution in 2014
chart

  • --65% from January-to-December 2014, from 770$-to-319$, Reason:-Unknow (maybe MtGox again)

@Bitcoin evolution and involution in 2015
chart

  • ++25% from January-to-December 2015, from 313$-to-430$, No incidents reported

@Bitcoin evolution and involution in 2016
chart

  • ++57% from January-to-December 2016, from 434$-to-968$, No incidents reported

@Bitcoin evolution and involution in 2017
chart

  • ++1400% from January-to-December 2017, from 997$-to-13960$, Reason:-China Ban in September

@Bitcoin evolution and involution in 2018
chart

  • --65% from January-to- 17:20pm 03/February/2018, UK, from 13412$-to-9322$, Reason:- CoinCheck Hack, South Korea Ban , China Ban, Media bad influence.

A lot people when Bitcoin Crash = Sale

Me Bitcoin crash = buy

I hope you enjoyed the analysis on Bitcoin

Thanks for reading

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