I have been checking the bitcoin market price movement and it seems that it is very unpredictable. I was thinking that the bitcoin market price to go high since it has already having a good sign on market price increase but as to what happen now it seems that there are still huge dip on it and i do not no what happen to bitcoin market market price movement nowadays? Do you have the idea why this happen?
I don't blame Bitcoin totally for the position of the market nowadays but the one of reason behind this downfall is the negative news coming from around the world such as banning, hacking, Cheating and that has affected the people's trust big time.The Bitcoin prise is dropped by 12% in this year.The another main reason is the development of many rivalry coin like Ethereum, Ripple.,etc.