Post
Topic
Board Economics
Re: What is the most influential factor that triggers bitcoin prices to fall down?
by
Paniudto
on 17/06/2018, 08:17:53 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?
For me, it is the negative news that always brought the bitcoin's price down. We just can't control most of the people who have weak hands that whenever there are FUDs who will sell there bitcoins and making the supply in the market high.