Bitcoin might have had its bad side in the year from the splits. The infighting of this led to the formation of Bitcoin Cash to blockage by China government to limitations on its network and to competition from other cryptocurrencies, but it has been adamant to maintain an upward trend in price, recording the highest gain in price ever since formation.
In the year 2016, Bitcoin managed a high of $807 in December, the first time it was above $800. It returned to above $1000 in January 2018 and has never looked back. On19th November, the cryptocurrency passed $8,034 for the first time in history. Now in November 2017, it surged above 700 percent this year.
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