This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos.
What do you think is the main reason? Do you think its price will still rise?
The bitcoin price gets low because there are so many people who invested during the last part of 2017. These people were those who expected to get profit overnight. So when they get disappointed, they pulled out their btc easily. Those who are patient will be rewarded greatly. The lesser people hold btc, the lower the price will be. We will always return to the law of supply and demand.