Post
Topic
Board Economics
Re: why bitcoin price fall down?
by
medicalmiracle
on 17/12/2018, 09:35:55 UTC
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls
The trade war between the United States and China has affected many countries in the world and our markets have been affected by it. We should see this as an opportunity for us. The investment will now not be wasted. The price of bitcoin will increase in 2020.
so many rumors about this, but in fact panic sell is the most effective thing that makes the price of bitcoin down now. well, but right now we just need to be patient until prices rise again.

Rumors also play a big part in the panic selling which lead to crash in the market and prices keep falling down. Anything can easily fall but to rise do take time. So patience is absolutely key and another thing is that one should do their own research and then decide if to believe to rumors or not.

Actually in the previous times it was not hard for the price to start rising but nowadays because of the long time dump and frequent dumps people are disappointed and worried and they do not come again sooner after they sell. Once they start trusting the crypto again the value will rise higher.