Post
Topic
Board Speculation
Re: Is it true that the market usually rises before the end of the year?
by
fordsons
on 15/10/2018, 10:17:01 UTC
For this year I think the price of this bitcoin cryptocurrency will be very difficult to get back to a very expensive price because many of the price conditions of bitcoin are attacking by giving bad news so that many traders panic and make the price of bitcoin often fall and it is difficult to get back up again. , this year prices will not be able to be like last year.
If you remembered in 2013 when the price was on move up, china banned crypto and ICOs in their country and the price collapsed to very low level because people thought that cryptocurrency is a scam and there is future for it. Then they allow trading but in 2017 they banned crypto again and once again the price collapsed from $4800 to $2600. Again the demand is low for bitcoin because of the huge dip in the price and will not rise too early.