Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
becoin
on 12/03/2017, 16:50:02 UTC
The next thing to move the price will be when China starts allowing Bitcoin withdrawals.

Not that the price needs much help in moving.

The next thing to move the price will be when the FED raises the rate next Wednesday, and the Yuan crashes because of it. Nothing starts the Chinese buying Bitcoins like the Yuan crashing.

Bitcoin doesn't care about FED. Bitcoin has the lowest price correlation with FED ruled asset classes. This has been proved many times during past 8 years.