Post
Topic
Board Economics
Re: Is the Market Stabilizing?
by
sambel90129
on 10/12/2018, 00:59:07 UTC
September and October this year, I thought the market was towards the bullish period because it was recovering by stabilizing at a certain lower prices. But, when November came, the market suddenly on the downward trend and it is not stopping from falling. I think we havn't seen the bottom yet.
long-term decline because there is no news that can make bitcoin prices rise again, especially the effects of the China vs America trade war, which inevitably impacts on the decline in bitcoin purchasing power in the market, the Chinese government that doesn't support bitcoin is also the cause of the price drop, so the economy the world is not stable, which results in less than crypto currencies, but things like this happen only temporarily.