Post
Topic
Board Bitcoin Discussion
Re: Did China really crash Bitcoin again?
by
Blackdeath
on 23/11/2019, 15:45:05 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.
Indeed. We should not put all the blame to China about the recent crash of bitcoin's price because it is pretty normal for a cryptocurrency like bitcoin to have ups and downs to it's value. I think the only cause why bitcoin's price is starting to go down is maybe because of halving that will happen this 2019 that it will start to reach it's price again to $20,000 again