Post
Topic
Board Speculation
Re: Cause of volatility of bitcoin ?
by
miyaka26
on 25/05/2018, 15:51:33 UTC
Hello guys, In 2017, Bitcoin’s price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?
it is possible that the bitcoin price will soar high again like the last year did when it was just lurking around $1,000 then it increased drastically up to $20,000 by December which is the ATH we may encounter a new record this time or not, trends and news as well as FUD's possess the major influence with the game of the price that's why media's and fudders take it as an advantage to make the price turn around.