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Reason of Bitcoin’s devaluation disclosed
Finance
- 22 December, 2017
- 10:14
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Baku. 22 December. REPORT.AZ/ The reason of sharp decrease of Bitcoin price is related with investor’s wish to fix their profits. That's why the price of Bitcoin may drop till the level of $13 000.
Report informs referring to the RIA Novosti, stated Josh Olszewicz, analyst of Brave New Coin, digital currency news and research website.
Bitcoin devalued by 35% in last five days to $12 874.
“This is a normal correction. In current level the correction is expected to be over,” said expert.
Currently, price of Bitcoin makes $13,500.
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