Recently, interest in cryptocurrencies began to grow again and rose to April values, according to Google Trends, but now most people are wondering whether the bubble has burst, whether the current situation will lead to digital money depreciation and their surrender – the market is not the most positive . However, Bitcoin has repeatedly dropped sharply in price, and if you compare its schedule for 2018 with the figures for 2014, you can see that the industry is now in a similar situation as it was four years ago.
The situation with Bitcoin was commented by Omkar Godboul – analysts of CoinDesk. The expert believes that Bitcoin recovery became possible due to “exhausted” traders, when Bitcoin reached the mark of $ 3,500. Now Bitcoin began its growth, and it can meet resistance when it reaches the mark of 4400 dollars.