Post
Topic
Board Bitcoin Discussion
Re: why bitcoin is still unpredictable.
by
w33man
on 30/11/2018, 12:55:55 UTC
In the first place, the price of Bitcoin is volatile thats why we cannot predict the price if it goes down or rises. But one thing we know is that, unless there are investors and investments in Bitcoin, it will stay on track. Investors are also one of the main reasons why there are ups and downs. When investors sell their assets and others follow when there is a dump and vice versa

Crypto price depends on the market demand and trading activity and volume. Investors and traders activity dictates the price. That is why it is volatile and unpredictable.