Post
Topic
Board Speculation
Re: Why bitcoin price getting low?
by
Coroline
on 27/04/2018, 10:37:27 UTC
Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across the board in the red — a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as we’ve seen in the recent past.

https://imgur.com/a/1DaM3

the decline in bitcoin prices as the latter investors hesitate bitcoin because of the many FUDs in circulation, from countries that do not support bitcoins, and the most impact is google will block bitcoin advertisements. so that's where investors hesitate and withdraw their money. look at the market is experiencing a very significant decline in February last. but now the market is starting to go up again. because the end of this end there is no FUD in circulation. hopefully the future of Bitcoin is supported by all countries. and it will automatically make the bitcoin price soar