Post
Topic
Board Speculation (Altcoins)
Re: The market is looking all red once again
by
radjie
on 12/01/2019, 08:52:04 UTC
I think the market is red by the dump of many people. There are many people bought big amounts of Bitcoin only $ 3,200 and when Bitcoin price has maintained $ 4,000 for several days, they can earn a lot of profit. And now we can see the Bitcoin price is only $ 3600.
should when many people want to buy a bitcoin it can strengthen the price of bitcoin and maybe it can continue to grow. maybe the opposite is true, because many of those who sell bitcoin make it red. we have to wait for many changes that will occur in the market.
yes I think otherwise, many people sell it so that market price movements can reduce its value. maybe this is due to the presence of big players deliberately dropping market prices to be able to buy more bitcoins when the price movements weaken