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Bitcoin!

Bitcoin!

Bitcoin was at its peak back in 2017, reaching up to £20k by the end of the year and continued to rise, however this all came to an end! This year has gone so fast, so has the bitcoin market, its managed to go from £20k down to £3k! Bitcoin hasn’t been that low since October 2017! Ever since the 15th November, when bitcoin separated into two separate crypto-currencies, they have gone down in price! Both currencies are currently competing against each other. November 2017 was when it hit £19,798, this means that bitcoin went down by 75%! So, people who didn’t end up selling their bitcoins in November has managed to lose money! Does this mean this is the end for bitcoin? Will it ever go any higher? This could be the end of bitcoin as we know it, or it’ll go down towards the end of the year and shoot back up to £20k again! Who knows! It’s been an interesting run for bitcoin, will it go higher up in price?

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