Bitcoin is now in its correction at Christmas time. Do you think BTC will rise again after this time?
The reason behind drooping is its demand, Since 25 December is on the way and all know about this fact that most of shopping sites are not accepting bitcoins like Amazon, Aliexpres, and Ebay. People are selling them which decreasing the bitcoin demand and increasing the supply, Which cause the price fall down. Its just a temporary trail it will increase next year just hold your coins.
Yeah.I hope so it will increase after the Christmas.But the transaction fee of bitcoin transactions make me worry little bit than its price fall some transactions are pending for days even send with high amount of fee.If it continues like this then people may lose their trust on bitcoin and will go for other coins.
