BTC still up by 95% despite the Crash

Steven Zenios16/12/20192min
Even though BTC is currently facing a price hurdle of $7,100, is experiencing a 50% crash and generally not having a great year so far, it still seems to be performing better than most cryptocurrencies and other mainstream assets in 2019.

This may come as a surprise but Bitcoin is in fact 95% up this year.

Cryptocurrency analysts have been rather vocal about the fact that Bitcoin is not performing as good, as you can see from the above image also

Hedge fund manager and cryptocurrency critic, Mark Dow, believes that Bitcoin will dip low in price and that this crash is the beginning of a “slow death”.

Investor and libertarian, Peter Schiff, believes that Bitcoin will fall below $1,000 and will continue its descent until it eventually dies out.

But some analysts and critics seem to be losing sight that Bitcoin is far from its demise if it’s up nearly 100%.

According to Charlie Bilello on Twitter, BTC is the leading asset of 2019:

Just by looking at these numbers we see that Bitcoin is nowhere near “slow death” or “demise”.

According to analyst “Dave the Wave” who predicted the fall to $6,700, Bitcoin will rise to $25,000 and more about this can be found by clicking here.



Disclaimer: is not intended to provide legal, tax or investment advice, and nothing on should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any asset by or any third party. You alone are solely responsible for determining whether any investment, asset or strategy or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should consult an attorney or tax professional regarding your specific legal or tax situation.


Image Source by Oracle Times

Steven Zenios

Steven Zenios is a young author and designer with strong passion. A specialist in web design and development, blogger, author and Blockchain entrepreneur. He is the CEO of Web Theoria, a digital agency based in Cyprus. In the last 10 years, he has vastly improved his knowledge and skills to produce great pieces of work, both in the web design industry and article/blog industry. Contact Steven at +357-22029786 ext: 6120 or by email at [email protected] for editorial related questions.

About us

High Worth Citizen is all about delivering the latest business news on finance, investment, real estate and wealth. Our readers are the rich and powerful, their associates and business partners, the global High Net Worth Individuals.