Op-Ed: November Is Here – Will Bitcoin Repeat Its 2015 Behavior?

With the end of 2018 right around the corner, many enthusiasts and traders alike are probably asking themselves a lot of questions, the biggest one likely being, “What will happen to bitcoin within the next 60 days?”

Out with the Old, In with the New

Since 2015, we’ve witnessed several price explosions for bitcoin during the final months of each year. In 2017, for example, December marked a time when bitcoin reached an all-time high of nearly $20,000. In 2016, bitcoin shot up to nearly $1,000, which was considered a relatively big deal at the time.

However, 2015 is a particularly interesting year in the sense that bitcoin has ultimately repeated its behavior during that time tenfold. Three years ago In January, for instance, bitcoin fell below the $200 mark and caused panic in the crypto streets. While the currency had ultimately fallen since the year 2013 when it was trading for over $1,000, bitcoin had at least ended 2014 at around the $400 level.

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