Why the Bitcoin Price Decrease Occurred: Looking Past the Coronavirus

Share Article
On February 24-26, the Bitcoin price plummeted, decreasing by 13 percent. While this could have been caused by a coronavirus panic since the entire global economy has slowed down considerably, there is another possibility: the price is simply following a fractal from its earlier movement. Bitcoin (BTC) Price Highlights The Bitcoin price might be following a fractal from July 2019.
×

BeInCrypto Premium - Register for FREE now.

BeInCrypto Premium - Register for FREE now.

Upgrade to continue reading

Register Now!
Share Article

Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.

Follow Author

Make your first deposit and trade now to earn up to $3,000 in rewards!      

Join

UUEX airdrop: Sign up to get 50 USDT, you can Withdraw to Wallet

Sign up

Poloniex Space Traveller Program: Sign up to get 30 USDT.

Get now