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After periodic drops of 20 percent, bitcoin tends to come back even stronger – CNBC

Monday 13th, November 2017 / 17:52

CNBC

After periodic drops of 20 percent, bitcoin tends to come back even stronger
CNBC
The last four times bitcoin fell more than 20 percent this year, it gained an average 61.5 percent in the following four weeks, according to Genesis Global Trading. Two weeks after such a drop, bitcoin gained an average 28 percent, the data showed

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