What happened to bitcoin market? - Part 1

in #bitcoin7 years ago

Hi everyone.

I'm going to discuss about Bitcoin market. Past and now. Let's see..

( FRIST SORRY FOR MY GRAMMER , I'M GETTING BETTER DAY BY DAY FOR READING , POSTING KNOWLADGE BY THIS COMMUNITY )

Before in 5 years 1BTC = $6.4 and today 1BTC = $2086

Movements of volatility change

From 2017/05/11 to the present time.. Uptrend special occasions.
From 2017/05/11 to 06/11 there is high volatility clear uptrend..
In the first month of the year to March there is big deal for trend reveals.

2016/05/23 to 2016/06/19
There is the value of BTC changed Largely by quarters. In this season this is a matter of concern with the current situation and the price action is eqal.

2016/06/20 is down trend period this was happed until October.

2016 frist month and march this also down trend and we can see some 2 of equal movements.

2015/12/20 and 2016/01/07 of 2 days and also 2016/03/21 and 2016/03/29 wen can see those days in double peak movements.

And 2017 no special change.

Middle of 2015 ( 2015/06/08 to 2016/07/12 and 28) days are uptrend. Again in August are make high volatility Down trade..

If we compare this 2016. In 2015 August bitcoin's market is recovered. Current value is $201 after about 2 months value is up to $500. It's short term uptrend.

  • 2015 March first days uptrend
  • 2015 March last days downtrend
  • 2014-11-13 to 2015 -01-15
    Downtrend
  • 2014-05-19 to 2015-06-03
    Uptrend

Part II is comming soon.. Let's touch with me.

Thank you..,