Quote from: HoaNguyen on February 01, 2018, 05:27:46 PM

Quote from: longhoang45 on January 31, 2018, 11:26:28 AM

Last time, bitcoin prices continued to fall, breaking the bottom. It is predicted that if bitcoin breaks at 8k, then it will be possible for the initial value. What causes bitcoin to fall? Do you think the bitcoin will rise again?

Not only Bitcoin but the entire cryptocurrencies market is tending to fall rapidly. The market has suffered much negative news in the press recently, leading to a steady decline in exchange rates. Bitcoin exchange rates are expected to fall to $ 8,000 and then rise sharply after the Chinese New Year: D.

The cost of a bitcoin is determined by the corresponding demand and supply on the market. When demand for bitcoin increases, the price increases and, when demand falls, the price is also declining.