Bitcoin Comes Back Stronger Than Ever After Recent Declines – Bitcoints

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Published on November 14th, 2017 | by bitcoin

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Bitcoin Comes Back Stronger Than Ever After Recent Declines

Bitcoin Comes Back Stronger Than Ever After Recent DeclinesWhile the saying may refer to an unwelcome guest, the same could be said for Bitcoin, according to recent analysis by CNBC.
Based on chart evaluations, Bitcoin price has always increased substantially after dips greater than 20 percent.
The rise in Bitcoin prices for the four previous dips over 20 percent were substantial.
Beyond the negative risk association, though, the market has continued to show that Bitcoin is a genuine store of value something akin to gold.
As Oleg Seydak CEO of Blackmoon Crypto said: “Bitcoin is still the crypto gold.

Source: Cointelegraph.com

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