Post
Topic
Board Bitcoin Discussion
Re: Bitcoin crash on the 30th becasue of closing of chinese exchanges?
by
Idrisu
on 27/09/2017, 15:57:22 UTC
I am wondering what you guys think about this. Will the closure of the chinese exchanges affect the bitcoin price one more time?
Will the whales manipulate the market because of news outlets reporting the closures?
I think on 30th September there is not going to be a crash of price. Most of the downward trend we had about two weeks ago was because of this closure of exchange activities of bitcoin/altcoins. I have see another upward movement in bitcoin chart and since the bullish momentum was triger about a week ago we would expect the market to sustain inconsidering of any announcement of what we have already know since last two weeks. This market move on the uncertainty and not announcement.