Post
Topic
Board Bitcoin Discussion
Re: Did China really crash Bitcoin again?
by
Colt81
on 23/11/2019, 14:23:23 UTC
https://www.coincurb.com/news/china-unlikely-to-have-caused-recent-bitcoin-crash/

I don't think China was the cause of the 'recent' crash. Bitcoin has definitely been in a bad downtrend for weeks now. I'm sure these 'news' about China didn't help but that's not why Bitcoin has been doing bad all these weeks.
In my own personal opinion, bitcoin's price is volatile that we can't predict when will the market goes up and down, that is why we can't blame everything to china about the down trend of bitcoin because we are really in the season of the bear market. I also think maybe the reason why bitcoin's price is down today because it may be the start of bitcoin halving.