Post
Topic
Board Economics
Re: why bitcoin price fall down?
by
DavidNiva
on 04/12/2018, 01:28:45 UTC
For me we  cannot really predict bitcoin as we all know that  bitcoin is very  volatile    Cheesy  if the  the  price will  go down  like  1000 Dollar  well it's possible  as long ass price is still in correction or not   stable yet Wink
price fall is very dependent on market participants, if demand falls and supply increases automatically there will be excessive stock, this will certainly have an impact on prices and a decline in prices, but if demand is more than the supply of goods there will be a scarcity of goods , this is very little demand and the supply of goods is too much so prices continue to fall, but we can predict that at the beginning of the year there will be many requests for bitcoin, especially from developed countries, which can cause price increases.