It’s been one year now since bitcoin achieved an outstanding all-time high of $20,155 per coin and today it seems we’re testing new lows of $3,122, a total drop of 84.5%. This massive slide in value may seem unprecedented but in fact, retracements of this magnitude have happened no less than four times in Bitcoin’s short history. To get a better understanding of Bitcoin’s price cycles please see this article that I wrote for Global Banking & FinanceRead MoreThe post Executive Blockchain Advisor appeared first on Bitcoinist.com.
