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Monday, May 29, 2017

Bitcoin Bubble Was Imminent, Bitcoin Price Drop Deepens, But Recovery Nears

Bitcoin Bubble Was Imminent, Bitcoin Price Drop Deepens, But Recovery Nears

In a period of seven days, Bitcoin price surged from $1,900 to $2,700. In some regions such as South Korea, Bitcoin was being traded at around $4,000. Analysts predicted that a bubble was imminent and that a correction would have to occur.

On May 27, Bitcoin price declined by $500 from $2,500 to $2,000, recording its first sharp since the beginning of May. The next day, it continued to fall.

Full story at http://bit.ly/2s66HUG

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