Let’s do a quick review of the evidence so far.
July 2010 to November 2011 Bitcoin increases +36,900% and then declines –93.07% within a two year period.
November 2011 to July 2013 Bitcoin increases +9,771% and falls –70.93% in less than two years.
April 2013 to October 2014, Bitcoin increases +1,629% and falls –72.21% in less than two years.
Is A Crash Coming?
We can’t be certain that history will repeat. However, the evidence suggests that a decline of –70% to –90% is the norm. Let’s watch.