Post
Topic
Board Bitcoin Discussion
Re: Good news and bad news
by
botany
on 01/04/2018, 08:29:57 UTC
The crypto currency recorded a decline during the first quarter of 2018. This condition contrasts with the year 2017 when the digital currency recorded a fantastic rally.

The movement of the crypto currency is very volatile, driven by the flow of news and rapid changes related to investor sentiment. In 2017, the Bitcoin trend for example, has pushed the price up 1.375%. This year on the contrary, the price is swooping.

A correction in the price of Bitcoin to normal levels is not necessary bad news. Irrational exuberance is always bad. As long as awareness about Bitcoin and Bitcoin adoption increases, the price of Bitcoin will eventually rise.