Post
Topic
Board Altcoin Discussion
Re: What determines the price of btc: information or charts
by
Slimztee
on 01/09/2018, 18:16:46 UTC
Can you tell me what affects the price of btc ?
Why is the price up or down?
Most of you would advise me to learn how to read charts.
So the price of btc up or down depends on the chart ?
Bad news is over, why btc prices can not increase again? The fear of new investors may be a reason. Since btc is not a real company, we can not have financial statements to buy or sale.
Price up from 6k to 7k this morning. why the price go up ? i'm confused now.

So it's simple, I'll tell you for free, the price of BTC is controlled by whales. These guys determine when it goes up and when it should go down after taking profits.