Post
Topic
Board Speculation
Re: Why Bitcoin Price is going down ?
by
skorupi17
on 10/07/2017, 19:29:03 UTC
Hello dear Bitcoiners


I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?



There are various reasons and the most probable reason is the upcoming Segwit activation. Some users are just afraid of what will happen when Segwit gets activated. Some sell their Bitcoin in order to play safe if ever Bitcoin goes down harshly that is why we see some decrease on Bitcoin's price. But rest assured because nothing is to be worried about. The activation will be beneficial for Bitcoin so just hold your coins and neglect the chart reading. It is normal.