Post
Topic
Board Economics
Re: Bitcoin prices will continue to fall
by
Betwrong
on 13/02/2019, 13:10:44 UTC
I think bitcoin prices decrease will continue, because of  negative news and views. why? they expect the collapse of bitcoin. So this leads to pessimism, and affects their buying and selling actions. This is a causes price fluctuations.
Bitcoin is indeed very sensitive to market news. and now there has been an increase in prices since the news about ETFs. And actually for now is a moment that fits when we support increasing market prices

And how can we support it exactly? I'm sure, most of us sell BTC only if we are in extreme need of money knowing fully well that the the price will be higher in the future, but having no other choice for getting some cash. I think it doesn't depend on us, the majority of BTC holders, but rather on the minority, the whales, who can sell 10k BTC without blinking an eye. Only when their reserves will dry out, the rising will start.