Looking at the past 6 months of Bitcoin, we see a huge gain in the past month. Alot of people assumed its growing simply because of the growth in popularity and more and more people are buying into it. But over the past week we've seen the prices drop and many experts believe the price will continue to drop for the remainder of the year. Those same people feel it will rebound in the first part of January possibly even growing as high as $20,000 again.
If you're thinking about getting into Bitcoin right now, you might want to wait and see how the last week of the year plays out as we may see it go as low as $8000. If that happens, its the perfect opportunity to buy in. If you have already bought in at around $14,000 - $16,000 there is no need to panic. All signs point to Bitcoin recovering.
If you're thinking about getting into Bitcoin right now, you might want to wait and see how the last week of the year plays out as we may see it go as low as $8000. If that happens, its the perfect opportunity to buy in. If you have already bought in at around $14,000 - $16,000 there is no need to panic. All signs point to Bitcoin recovering.
