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$#bitcoin $Bitcoin’s Rise & Fall In 2019 Bitcoin is the most engrossing tradable assets to watch over the last year. From reaching new heights to its most recent collapse to the latest one-year lows, the cryptocurrency market has been nothing short of exciting when attempting to characterize it's volatile subside and flow.
Cryptocurrencies followers forecast Bitcoin to replace fiat currency and become the only method of value exchange. With bitcoin induced demonetization, Bitcoin should change people’s relationship with money. The fact that people will be the owner of their money and its value is seen as one of the distinctions that will make most people avoid fiat currencies.
Bitcoin prices have become a bellwether for the market. While still difficult to nail down an exact characterization of cryptocurrency and how it fits within the modern financial pattern — whether a currency, digital asset or a commodity — by evaluating the price action in the context of its more established analogs, it becomes apparent that Bitcoin and its peers have reached significant milestones.