The end of 2018 has been tricky for many crypto investors and traders, mostly because of Bitcoin and its uncontrollable behaviour, which has been analyzed in detail on many occasions on our DC Forecasts Bitcoin news site.
In the latest episode of Bitcoin and its constant spikes and drops, many enthusiasts are looking at November as the month when everything could change. A lot of them are asking the question that we all actually have…
“What will happen to Bitcoin in the next 60 days?”
As we saw since September, there have been lots of ups and downs for Bitcoin. To compare, over the past years, November has been proven as one of the most positive months for the most dominant cryptocurrency.
In 2017, December was the month when Bitcoin reached its all-time high of nearly $20,000 – and in 2016, it shot up to nearly $1,000 which was considered as a big deal at the time. However, 2015 was the year where Bitcoin saw panic, dropping below the $200 mark and causing panic among investors.
The good thing, however, was that Bitcoin experienced growth after the end of 2015, experiencing many big surges and spending 2016 and 2017 in bright places with consistent and regular price booms.
All in all, the November and December months each year present a lot of wild changes to Bitcoin and its overall price and performance. As such, this month of November is expected to also be crucial for Bitcoin – hopefully mimicking the past two year’s performance and initiating a new bullish run.
After all, that’s what we all hope for, right?
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