Post
Topic
Board Speculation
Re: Why Is bitcoin going down again?
by
thesavoyard
on 17/03/2018, 15:24:18 UTC
I wonder why the price of bitcoin going down again even after the chinese holiday. Is it that it has to retrace back all the spike of 2017 or what?

Because it's March and people tend to be cash poor this time of year. Late spring and early summer will reverse the trend. If the lightening network prevents BTC from backlogging, it will skyrocket past it's ATH.