15.9.17

What is going on with the Bitcoin?

Sometimes, a couple of images tells a story better than words. Here we show the long-term chart of BTC paid in EUR, a strong currency right now. It clearly trends upwards, but once in a while it scares buyers with a sharp counter movement:

If we zoom up last year:

So, when you hear that Bitcoin is dead at 2500 EUR, that is not clear at all. We have seen similar patterns in the past.