I shared my views on Bitcoin and its current state on our YouTube channel 2 weeks ago, here’s the video:
Then, Bitcoin had experienced a significant correction (>10%) which got people wondering if it’s a bubble.
At the point of writing, Bitcoin’s price has recovered;
Bitcoin Price by Nomics (A Crypto Market Cap Provider)
The Bitcoin Story – till date
This is Bitcoin’s price chart over the past six years:
You’ll see that we had a crazy run in 2017 where Bitcoin almost reached USD$20,000. (Prior to that, our Bitcoin trainer Chris Long has already been buying up Bitcoins, he shares his insights here)
And then it came crashing down.
Later in 2019, Bitcoin experienced a resurgence, but barely reached its previous high before it tumbled again. Today, it has climbed back up to its all-time high, crossing USD$19,000 just last week. And so, we’re at a historical point once again.
The technical analysis camp will say that it looks like a double top, which means it’s likely to crash again…right?
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