Post
Topic
Board Speculation
Re: Where will this fluctuation end ?
by
Leyss
on 29/10/2019, 18:36:00 UTC
The fluctuation in the price of bitcoin and in general cryptocurrency as a whole is a practical manifestation of its price volatility. This process in a decentralized cryptocurrency will occur continuously. You do not even need to hope that with an increase in its liquidity or price, the cryptocurrency volatility will fall.
In the past few days, bitcoin has made a lot of noise due to a sharp increase in its price, having risen by two thousand dollars over the course of two days. Although many refer that the reason for this was positive news from China, however, they could hardly affect the price of bitcoin so much. In any case, there is a reason for the cryptocurrency price increase. However, it may consist of a chain of many random factors or until external reasons that are invisible externally.