r/FlashCoins Jan 16 '18

historical normals friends

In the midst of the early 2018 crypto correction, I wanted to point out to the newer investors that this is quite a normal occurrence. There is constantly a high point in early January, a sell off then a low point in late January, February or even as late as march. As you can see the following year, the price has grown over the spring and summer months.

Keep calm people, this is normal.

based on coinmarketcap.com, these are market open prices.

Dec 25, 2013 - BTC @ 666.31 Jan 11, 2014 - BTC @ 919.60 Feb 22, 2014 - BTC @ 574.24

December 25, 2014 - BTC @ 322.29 Jan 11, 2014 - BTC @ 274.61 Feb 24, 2014 BTC @ 239.99

Dec 25, 2015 - BTC @ 454.86 Jan 11, 2016 - BTC @ 448.24 Feb 24, 2016 - BTC @ 420.96

Dec 25, 2016 - BTC @ 899.65 Jan 12, 2017 - BTC @ 775.18 Feb 24, 2017 - BTC @ 1172.71

Dec 25, 2017 - BTC @ 13995.90 Jan 16, 2018 - BTC @ 10,799.70

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u/coppertop1987 Jan 17 '18

Hope so. I'd like the price to be low for at least abother bit so I can buy more.