In order to understand the past, it is helpful to divide it and measure certain periods; years are popular in finance as a means of measuring overall performance, here is a set of charts tracking the Year to Date performance of Bitcoin…Enjoy the trip down memory lane :
And how about this year ? here you go:
- The year still has 9 days left, unless there is some mayor correction, this would be either the 2nd or 3rd best performing year of Bitcon.
- Within this yearly perspective so far it’s been a minor correction and still above 1,000% which are astonishing returns.
- A repeat of this years performance ( 1,311 %) will mean that at the end of 2018 one BTC would be worth a wooping $ 197,488 , while a repeat of the worst performing year 2014 (-59%) would mean one BTC would be worth $5,770.