Post
Topic
Board Speculation
Re: Reason of the price fall
by
Sled
on 22/06/2018, 22:55:22 UTC
perhaps the reason that prices are falling right now is from bad news that makes bitcoin prices and some other cryptocurrencies fall, but I believe prices do not always fall off there will be time to make a price recovery.
I agree that there will be a time for the market of bitcoin to recover and have a high price in the future, it is because that is the cycle of the market but the price fall of bitcoin now is a pure technical and psychological thing because the people are seeing patterns in the market and they know what is the possible psychological thing that the other would do which is to sell their bitcoin to buy at a lower rate.