A week ahead of the end of Ramadan, the value of 1 bitcoin is still above 7000 thousand USD, but closer to Ied Mubarak, bitcoin value continues to fall close to 6000 USD?
For those who know and analyze, please explain the factor?
I don't think that this current Bitcoin price falls has something to do with the Ramadan activity because most of our muslim brothers did not go on spending just to celebrate their day but they just focus on fasting while praying to their god so meaning they spend less on this celebration but maybe after the date they will do lot of spending but you must think that Bitcoin price already falls since Jan so i think they really have nothing to do about this current market performance.