Do you think bitcoin will continue to fall to prices below $ 3000? I saw the market conidisi kept red, without green. At the beginning of 2019, there seems to be no sign of a change in a better direction. What do you think about this? Please give opinions that are simple but easy to understand. Thank you!
well there are two factors working against that
the gambling nature of american banks
and the huge foreing trade deficit of the americans that is now held by especially east asian state funds.
if you would evaluate bitcoin in euro it would decline much more painfully than usd.
i dont think there is hope, but there are still chances that the above mentioned 2 sins, could ease down bitcoins decline.