Post
Topic
Board Economics
Re: Bitcoin Bearish or Bullish? Here my thoughs
by
b3llsf1l3s
on 02/07/2019, 22:17:31 UTC
1 trillion marketcap is still low, gold has a 7 trillion marketcap and that is mainly from store of value.  The world is moving to a digital world and gold is a hassle to transport globally while bitcoin just requires a few clicks of the mouse.

Yes you are right, but even with the ease like this, this is what causes the volalitle of bitcoin to be higher, so it will be difficult to predict even in the next 1 week. We have seen through the market that Bitcoin going to bullish in just 1 - 2 week and then whole market got bearish just in 1 day.