Post
Topic
Board Economics
Re: Why do you think the market is down right now?
by
jjohnathn
on 26/09/2018, 08:05:35 UTC
is it all that is going on with regulations?

Big whales just waiting?

People do not believe in crypto anymore?

is it trouble in some countries in ASIA with laws and regulations?
The downside is normal in every market. I know people are panicking because the bitcoin has gone down so fast. Indeed, whales are controlling the market so that prices do not go down too much. I think the downside is that the dot-com bubble burst. The bitcoin going so fast will be the foundation for a strong downward move. that is the rule Grin
in each trading market , price moves up and down is normall.and we should adapted with this condition.dont againts the flow or we could die in market.in bearish market we could take best opportunity to buy coins in dip.
I did not find any news from the cause of the current decline in the price of bitcoin. well maybe people prepare for the possibilities that occur at the end of the month. well, hopefully the price will not fall far, and immediately go up again with a high price.
Bitcoin is volatile and we have to believe in bitcoin nature it can be increase panic sell won't give any profit.