Post
Topic
Board Speculation
Re: Bitcoin prices are falling!
by
Soots
on 04/07/2018, 14:14:35 UTC
I think this has something to do with the world cup because people are selling their assets for investment in world cup either gambling or so on.
therefore the demand for bitcoin and ethereum weakens.
The prices are actually recovering again. This is just the market dynamic nature that determines the rise and fall in the market values. We have had a fall below $6000 few hours ago and check out the current value, there has occurred appreciation in the price.

So keeping in mind the current scenario, we can say the price have a rising trend right now. We are expecting a Bitcoin to cross $20000 till the end of the year.
Although we seen that the price recovers now, it doesn't mean to rejoice by means of selling your holding quickly. The price will have to pump again aftee all sorts of dumps, but expect the probable fluctuations that we'll be experiencing since bear market always comes after if there's a signs of price surging in favor to higher trend.