Post
Topic
Board Economics
Re: What is the most influential factor that triggers bitcoin prices to fall down?
by
YTBitcoin
on 06/06/2018, 23:52:07 UTC
Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?

But what I remember is, in the year 2017 in January to February I feel trading is so easy, as a day trader, I can generate profit every day. I don't know what really happened this year. it's almost 5 months bitcoin is getting down and unstable. all outside of prediction, even difficult to break above $8500  price.
It was because of the attack from different countries because of which people are still worry that the price will drop again but now these attacks are no more on bitcoin and bitcoin is secure I hope people will soon learn about this and they will start to invest in bitcoin again.