Post
Topic
Board Press
Re: [2018-03-09] Bitcoin Briefly Drops to $9,000: Factors Behind the Decline
by
glowing10
on 11/03/2018, 17:31:17 UTC
This just goes to show how only a couple of major events and factors can be impactful on rates. Most of you say that this probably won't have any long term effects on btc but what if multiple events/factors like this occur again but at a greater degree in a short span of time.

Btc prices fluctuates so much that even a small negative news can drag the prices down too much and thus in this people do panic selling which is another worst thing that can happen. It does takes time for a rise but once btc pick up the pace we should see in near term btc rising towards 15k soon