Post
Topic
Board Bitcoin Discussion
Re: REASON FOR MARKET RECOVERY
by
Magkirap
on 19/12/2018, 15:04:40 UTC
the "whole market" is seeing some recovery because bitcoin price went up a little. but the rise bitcoin has is not exactly a recovery. it is a small and simple price rise which is not recovery until price reaches its true value which is higher than this.
the reason? is simply because you can't keep dumping the price for ever. at some point no matter how whale-y you are you will run out of money to buy cheap coins.
Good to know that the market start to recover because it seems there will be another will bull run this coming 2019. All of us are waiting for this moment because this time we can sell our cryptocurrencies I hope this recovery will continue until next year.