Compared to 2015, bitcoin has had a stellar 2016.
But when it comes to bitcoin’s price, it’s all relative.
So before the bitcoin community gets out the party hats to celebrate the $600 mark that bitcoin is inching toward, it’s worth taking a look at the bitcoin price trends over the last three years.
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What the results show is that bitcoin is:
1) Nowhere near its Nov. 2013 peak of over $1,200.
And…
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2) Bitcoin is a very volatile currency.
So will bitcoin top that $600 mark? We’ll have to wait and see. But until then, here’s a little snapshot of bitcoin’s price trends to show the relative fluctuation over time – from both the highest and lowest points – since the start of 2013.