Annual averages reflect a sustained growth of the price of bitcoin | Breaking News

In addition to the well-known volatility of the price of bitcoin, there are certain constants in their behavior in the market. For example, the averages per year of the price of bitcoin has steadily grown, even with the bear market in 2018, after approaching $ 20,000, in the historic peak reached at the end of 2017.Analyzing historical data of the price of bitcoin Buy Bitcoin Worldwide, we find this increase in the annual averages, beyond the maximum and minimum that occurred in each of those years, from mid-2010. In those early days of bitcoin, between August and the end of 2010, the average value of the criptomoneda was $ 0,14.Already in 2011 there was a significant increase in that average. During those 12 months, the average value of each bitcoin was about us $ 5,5. The difference of the price with respect to the previous year represents an increase of more than 3.800%. That year, the price of bitcoin was at its best in the mid of the month of June, when he was very close to reach a value of USD 30.For the year 2012, the average price of bitcoin was above the USD to 8.2. Although it was higher than the previous year, during 2012, the price never reached the highest levels of 2011. In fact, the value of bitcoin in the market did not reach even the $ 15 in that period of 12 months.In 2013 it came back to life a increase percentage-wise important, with the price averaging at more than USD 200. That same year, bitcoin came up for the first time the barrier of $ 1,000 at the beginning of December, but fell short. In 2014 there was a new jump, exceeding the USD 500 on average, then starting the year above $ 800.The only year during which the average has dropped relative to the previous 12 months was 2015. That year, the price of bitcoin averaged about 50% less than in 2014, exceeding only the $ 250. The next year he went back to retrieve the price and the averaged happened to be above USD 570.Only in 2015, the average price of bitcoin fell compared to the previous year. Source: Buy Bitcoin Worldwide.

All-time highs, bear market and currently

Although in the last few months of the following year was the greatest cumshot bullish in the history of bitcoin, closer to $ 20,000 towards the end of the year, the average during 2017 was a little more than $ 4,000, taking into account that it was not until August that it had surpassed that barrier. In fact, until may of that year, the price of bitcoin had not come up even to $ 2,000.By the year 2018, the market maintained a bearish trend with respect to the end of 2019. In fact, towards the end of 2018, the price of bitcoin had fallen to the barrier of USD 4,000. However, the average price hovered around the 75% of increase with respect to the 2017, with more than USD 7,000.In the year 2019, the average is close to last year’s, up to the close of the month of August. To lower that average the price of bitcoin would have to drop out of the almost us $ 11,000 in that is currently below the USD 7,000 and kept so until the end of this year. The pace has been kept this year is so far otherwise, even experiencing low levels of volatility during recent weeks. Just between January and February there was a drop in the average price.

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