Post
Topic
Board Speculation (Altcoins)
Re: Cryptocurrency prices dropped again
by
bestcoins1
on 21/10/2018, 12:37:37 UTC
a few days ago we have heard that USDT will be delisted in binance, and after the news spread, soon the BTC price rose quite high,
from that incident I began to believe that maybe this was a bull market sign,
but what happened today is the market is not green, but red.
how do you comment about that?
Well actually theres a lot of factors thar affect the market dramatically.
Some news make them hyped, some make the dip.
But still although some make theyre time and observe the market. In the end Market is still unpredictable and very volatile.
I agree with you, cryptocurrency has many factors that can influence market movements, and at the moment I think it is caused by the holder who buys and sells on the short term so that the market price is still unstable, because when dimarket prices start to rise a little will sell tokens they have so the dimarket price will go back down.