As we have witnessed one more huge price drop in but coin and we are having a rough ride ups and downs, where is it leading to? Is it like taking few steps back before making a long jump? I believe so and what what about your opinion guys?
As usual the price of Bitcoin goes down. More chances for investors to get more Bitcoin. When it is cheaper that is surely more people are selling their coins. When it is at high price more people buying Bitcoin. When the demand is high , the price is also Very high. The volatility of Bitcoin depends on How the demand of supply. If Bitcoin price drops , the next thing that Will happen will be the huge price increase of Bitcoin.