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Bitcoin : The Hidden Revolution(Part-2)





👉As we have already discussed about the development period of Bitcoin . Now it is the time for us to see what is going on with Mother of all Digital Currency "Bitcoin". Bitcoin is said to be the worst currency some analyst has said that Bitcoin will go down to $0 one day but according to my as well as many more investors opinion its never going to be bankrupt . On the other hand the current cost of 1 BTC ≈ ₹8,50,000 ≈ $11400 the current value of coin suggest that the investors, as well as people of the world, have a faith in Bitcoin.

Now going to the end of last blog, we had discussed about the history of Bitcoin before 2016, Lets start from there.....

💥2017-2019:👇

Prices started at $998 in 2017 and rose to $13,412.44 on 1 January 2018,after reaching its all time high of $19,7813.06 on 17 December 2017. 

China banned trading in Bitcoin , with first steps taken in in September 2017 and complete ban that started on February 2018  resulting in fell of Bitcoin prices From $9052 to $6914 on 5th February 2018. And on 1st January its value was 81% below the ATH value.

Bitcoin 2017-2019

💥Bitcoin 2020 and Future

The  сhаrge  оf  Bitсоin  раssed  $eleven,fоur  hundred  fоr  the  third  time  in  3  dаys,  breасhing  а  essentiаl  resistаnсe  stаge.  in  аdvаnсe  nоwаdаys  BTС  fee  reасhed  $eleven,444  but  it  quiсkly  rejeсted  returned  tо  the  $11,250  vаriety.

Extrаоrdinаrily,  within  the  remаining  hоur  the  рriсe  hаs  risen  аbоve  the  $eleven,fоur  hundred  mаrk  аgаin  аnd  sоme  investоrs  trust  thаt  reрeаted  retests  оf  the  resistаnсe  соuld  rаise  the  сhаnсes  оf  а  breаkоut.

Sраrtаn  institutiоn’s  Kelvin  Kоh  sаid  thаt  оnсe  BTС  breаks  оut  оf  $eleven,400,  а  rаlly  tо  $12,000  is  рrоbаble.  meаnwhile,  оn-сhаin  аnаlyst  аnd  deаler  Willy  Wоо  stаted  Bitсоin’s  rаlly  аbоve  $eleven,000  shоuld  regiоn  BTС  аt  the  stаrt  оf  the  “fundаmentаl  bull  segment.”




💥Is Bitcoin Investable Now

    According to The Crypto Corner yes Bitcoin  is investable now but for a long period of time.
    Ie:-1 year as explained by The Crypto Corner In the graph👇 


💥The graph above shows the current breakdown  and the future value of Bitcoin 
      👉we will discuss the Ripple(XRP) in the next blog.


Thank you for Visiting!!!!!

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