The price of Bitcoin for the last year is displayed on the chart you supplied me. This is a roughly 12% drop in pricing from approximately $59,000 to $50,000. Even if this is a notable drop, it’s crucial to remember that Bitcoin is a very erratic asset with much volatility in its price history.
Bitcoin has an unclear future. There are experts who think it’s a bubble that will soon pop and others who think it might become a common form of payment. What the future holds for Bitcoin is unknown at this point.
Source (CNBC)
