Bitcoin Bubble

Many people still do not believe in cryptocurrencies, especially Bitcoin as some call it a bubble. This is exactly the belief of the authors of a book in recent times, where they noted that Bitcoin is a typical case of a market bubble whose value will decline remarkably, without regard to the fluctuations at the moment. The authors carried out a technical analysis, with a focus on price fluctuation, trading volume together with available signals and concluded that Bitcoin will continue to…

The date was December 22, 2017, when the inevitable happened. Bitcoin’s value suddenly dropped by 45% from its peak after soaring for an entire year. The bubble burst and the doom had come. The dream of a new era financially dominated by cryptocurrency was put on hold. Today, we look back at what led to the Great Crypto Crash two years ago. Then, we try to find out how it changed the market and answer one of the questions that…