'The biggest bubble in history', bitcoin dropped 85% – 1

Bitcoin, the first and most valuable member of the cryptocurrency world, has been on the agenda in recent weeks with its unpredictable decline. So how did Bitcoin test the $ 20,000 band last year?

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  Bitcoin, which has a value of just under $ 3,000 per hour, was on the agenda with comments that it would reach a record high at the end of the year.

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  Bitcoin, which rises to about $ 20,000, has lost 85% in one year.

  Because of this, Bitcoin's Bit, the biggest bubble in history, is called the number of steps at all.

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  According to Anthony Pompliano, a digital investment expert at Morgan Creek, who speaks to CNBC, Bitcoin's downward trend will continue at least in the near term.

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  Lale is crazy
  

  
  

  Bitcoin's loss of value left behind Lale's madness

  The main reason behind this is the loss of confidence of Anthony Pompliano.

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  WHAT IS TALE MADING?
  

  
  

  The event, which took place in history under the name of "Tulip Folly" and "Tulip Balloon", appeared in the Netherlands in the 1600s.

  At that time, the incredible rise in prices of the tulip bulb followed by a sharp decline was characterized as such.

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  2 WHY BITCOIN THOUGHT
  

  
  

  The year 2017 was without a doubt a golden year for the world of cryptocurrency and Bitcoin.

  So how did Bitcoin get to this level in a year?

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  When we look for the answer to this question, there are two main reasons:

  The fork of Bitcoin Cash and Bitcoin's founder, software developer Craig Steven Wrigh, is a tweet that targets minors and reduces the value of Bitcoin to $ 1,000.

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  The main reason for Bitcoin's decline is that another player has caused turmoil in the cryptography market. The bifurcation in Spin off Bitcoin's Bitcoin Cash has launched this drastic decline.

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  The new features that are sometimes added when updating software make cryptocurrency not accepted by the entire community.

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  After the fork in Bitcoin Cash, two new forks, Bitcoin Cash SV and Bitcoin Cash ABC, were launched. This event started with the first downward trend in the market.

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  Bitcoin & # 39; in, alleged founder of Bitcoin miners from Australian developer Wright, targeting a $ 1,000 worth in Bitcoin & # 39; in, threatened to drop the tweet, so to speak, market peppers, then slow down pessimism in the air.

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  After these events, Bitcoin, which is less than $ 5,000, continued to decline due to pessimistic weather conditions and fell below the $ 4,000 level.