Variation In Price of Bitcoin in First Quarter of Each Year
Reasonable increase in bitcoin price was noticed in 2013 the third year of its launching the price reached around $1,142 all time high according to price graph available at coinmarketcap but as there was sudden jump in price so was the sudden dump. On feb 25th price reached $468.
2014 was a silent year for bitcoin as its price was not able to achieve the 1,147 mark and price stayed around $400.
However there was still dip in the value of bitcoin from $375 on december 7 to $173 on Jan 15th 2015.
Again on Dec 25th of 2015 price reached the value of $453 but once again price dropped to $361 on 15th of January. 2016 was also lucky year for bitcoin as there was again rise in the price of bitcoin.
2017 was the year of recognition of cryptocurrency for the entire world even lay man who had no knowledge of internet was interested in buying bitcoin. Although 2017 was remarkable year but there was a dip in the price in the first quarter as it has become the nature of bitcoin community to lower the price of bitcoin to get more profit each year.
All charts belongs to coinmarket cap.
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