Bitcoin price increased by 87% in 2019: this is what happened in the fourth quarter

Despite the common fluctuations in price, Bitcoin‘S performance Throughout 2019 it was somewhat unremarkable.

We have taken a closer look at cryptocurrency‘S price movements, focusing specifically on your performance during the fourth quarter of 2019.

But first, let’s recap briefly Bitcoin‘S performance during the first nine months of the year.

Q1 Summary

Bitcoin BTC remained relatively stable from January to March 2019.

He started the year at $ 3,717 and a brief 9 percent increase in his Commerce price I saw him overcome the $ 4,000 barrier during the first week of January.

Ascending trend It was short lived, however. Within a month, it is price fell to a minimum of $ 3,358 on February 7.

Since then, Bitcoin it showed some relative stability, but experienced a notable fall at the end of February, where its Commerce value fell 8 percent from $ 4,106 su, its largest price during Q1 ⁠— at $ 3,784 over a 24 hour period.

By march, Bitcoin he had almost matched his quarter height and closed Commerce at $ 4,092, which represents a modest 10 percent increase For him trimester.

Q2 Summary

The second quarter of 2019 turned out to be much more fruitful for investors and hodlers.

Bitcoin opened in April to $ 4,125, marking the beginning of a three month periodlong meeting.

About Q2, Bitcoin set numerous records to reach prices that had not been seen in the last 12 months.

Q3 Summary

In the middle of summer, in July, Bitcoin opened above the $ 10,000 mark, reaching $ 10,442.80 on the first day of the month. Then it went on to exceed $ 11,000 within the first two weeks of the trimester.

the trimesterHighest s highest value was hit early Augustwhen the digital currency exceeded $ 11,000, Commerce to $ 11,815.04 in August 7)

However, a week later, on August 14, Bitcoin’S Commerce price It decreased by 14 percent, stabilizing at $ 10,137.88.

The month of August ended up with Bitcoin It trades well below $ 10,000 and costs only $ 9,462.50 on August 31.

Bitcoin began trading at $ 9,603.10 on September 1, increasing by 7 percent and reaching $ 10,363.03 the next day.

the digital currency It was around the $ 10,000 mark for most of the month, until it fell to $ 9931.40 on September 21 and continued to plummet for the next three days, leaving it at $ 8,549.93 on September 24. Your lowest level value for the third quarter it was reached on September 29 when it was quoted at $ 7,994.55.

Bitcoin fourth quarter performance

October saw Bitcoin trade in prices invisible since the previous month of June.

It was around $ 8,343.93 before falling 5 percent to $ 7879.23 on October 6. Then he recovered slightly, reaching $ 8195.13 the next day.