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?
This is another direction to look at things because this period would surely affect businesses both positive and negative especially Muslims. Alcohol businesses, bars, casinos would surely take a hit whereas fruit businesses, groceries would see huge improvement in their businesses. The effect on bitcoin is not something huge enough because it has already been regarded as against Islamic teachings until recently when I read some article in support so maybe because the message has not spread that bitcoin is not against Islam, Muslims decides to stay away for now.