Post
Topic
Board Speculation
Re: Why Bitcoin Nosedived
by
iqlimasyadiqa
on 30/09/2017, 10:52:59 UTC
I will like to know the reason why after bitcoin reached the maximum value this month it has been decreasing on a daily basis just at the time i wanted to invest the uptrend just changed suddenly. is there any hope of further increasing as some has speculated that it will reach $5000 by the end of this year?
Look at the current bitcoin prices, the improvements that occur prove that bitcoin is very strong and can survive from a variety of difficult conditions. such as the situation some time ago that resulted in bitcoin prices got a very high correction. china's decision to make a lot of people experience a tremendous panic and they sell the bitcoin they have simultaneously. but now the prices are back to normal and this has proved that bitcoin can move up to 5000 $ in some future time. we just have to wait until everything becomes stable and bitcoin can be one of the most popular financial commodities.