Just received reminder bitcoin dropped a lot, the price of the last week is very unstable, leading to other competing currencies continued to fall, there is no bottom line of that kind of fall, I would like to ask you tycoons on how to look at the future market?
Bitcoin is like a continuous loop of a tangled life. It is a complicated phenomenon. Once you think that you have got the nerve of the crypto market, the very next moment it will prove you wrong. Yes it is surely a roller coaster ride. Its instability dwindles the faith of many people on this forum, especially the newbies. This thing continues so far because once people start selling the bitcoin in the market in anxiety and panic, it will lower down the demand in the market and hence the prices of the bitcoin in the market will suffer badly!!