Bitcoin behaves like in 2015. What is the result?

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2018-09-13 13:30:07

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The Behavior of Bitcoin in 2015 and in 2018 is extremely similar, noted analysts . As three years earlier, the first cryptocurrency increased in July but dipped in August.

Why is it important for the traders now? In 2015, after the end of the bull market there was a sharp depreciation of Bitcoin after the bulls failed to hold on the cost of the first cryptocurrency to any significant highs during the year.

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When I grow up Bitcoin

However, between the behavior of the coins now, and three years earlier, there are differences — and they appeared in September. In recent days, Bitcoin is gradually recovering, slowly moving to the maximum monthly prescription 7.9 of thousands of dollars. In addition, each peak in 2018 is lower than the previous — what can be said about the graph of the movement of the coin in 2015.

What are the prospects of Bitcoin this fall? In 2015-2016, the first cryptocurrency in September grew by 4.5-34 per cent — perhaps we should wait for the change of course of coins in a big way. In favor of this scenario says what is bearish effect on the stock market gradually weakened, and Bitcoin slowly goes up.

And most importantly — according to analysts of the edition, Bitcoin will rise above 8.5 thousand dollars. If this happens, it will be the first truly bullish trend in the market since the beginning of the year.

Yesterday, the analysts from SharesPost estimated that 72 percent of the owners of cryptocurrencies is ready to increase investments in digital assets this year. Waiting for a serious swing of the market and the December update of records at the end of this year.

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