Bitcoin Has Had A Horrible Year So Far, But Experts Say Something Is About To Change
Analysts predict that the price of Bitcoin (BTC) will recover from it's worst ever start to a year, rebounding from recent losses and possibly bouncing back to early year highs. The cryptocurrency usually performs well in the second quarter, according to historical data. Seasonal tail winds include an upcoming annual development cycle and a number of big conferences, such as Consensus in May, that usually inspire positive sentiment.