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Just a reminder that since 2017 Bitcoin went -30% in a month ten times, but the price is up 50x over the period.

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by COINS NEWS 177 Views

Just a reminder that since 2017 Bitcoin went -30% in a month ten times, but the price is up 50x over the period.

Everyone who bought Bitcoin last year the price can still be exceptional. Since we are getting to the end of this year if we compare BTC price at the end of the last year ( $28.890 ), we can clearly see the price is holding very good.

Since 2017 Bitcoin went down -30% in a month ten times

- January 2017 -35%

- March 2017 -33%

- May 2017 - 32%

- July 2017 -40%

- September 2017 -41%

-November 2017 -30%

- December 2017 -23%

- December 2018 -84%

- January 2021 -31%

- May 2021 -32%

The price in January 2017 shows us that we are up almost 50x since then. It means that if you invested $100 in BTC in January 2017 today you would have around $4928.

The price of BTC in the begining of 2017

submitted by /u/UnexperiencedIT
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