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
I think the fall down of bitcoin does not affect the trade war between US and China. It is the investors who manipulate the high and low of bitcoin value.
Yes, sometimes the price is based on the news we get from the different sources. Sometime even whales will manipulate the market according to their needs. Even fluctuation may easily affect the price of bitcoin.
for now, it seems like price development depends on the news that appears. well, right now, the news that appears tends to support the development of bitcoin, and this makes the price of bitcoin and other coins slightly up. well, this is a pretty good thing.