What Could Shape the Bitcoin Price Chart in 2016?

The year started on a low. The free fall from the previous year (2014) had not found its bottom as we crossed over to 2015. As a matter of fact, the lowest floor since 2012 was touched on January 14, 2015, when a bitcoin exchanged for an average of $177. At about this time, the cryptocurrency was receiving negative coverage from mainstreaming media, especially in relation to the Silk Road case, which was ongoing. After that, the price rallied and contained itself between $200, as the floor, and $300, as the ceiling, for…Read more …