Yesterday we saw BTC was pumping. But again it is going down. Any news behind that? I thought it will break 10000$ around coming days. The BTC is the legend and can't think BTC will replace by other coins. What would be hope you guys the BTC price at the end of this year?
It was normal for the price of bitcoins to drop because some of the people are not good enough to hold their coins since they are selling their coins based on their emotions.
down and up, I think bitcoin prices are currently really stable for this month. well, less than 8 days we will start a new month, hopefully bitcoin prices do not show a far decrease. well, everyone hopes bitcoin prices will rise again by the end of this year.
This is is a very natural process that the price of Bitcoin is going now because the value of between is very volatile and it depends upon several factors.It also does not follow specific trend so we have no idea when will the price rise or fall. Currently the price of Bitcoin is down from a very long time now because the demand of Bitcoin has fallen and the amount of investment done in Bitcoin has also reduced.Some countries have also banned Bitcoin which has affected its price a lot.