Post
Topic
Board Bitcoin Discussion
Re: bitcoin boom or burst ? how to analyzed?
by
millionaireshs
on 21/02/2020, 06:51:43 UTC
at that time  still unsure whether bitcoin will boom or bust, how to analyzed the market from a different perspective ??

Bitcoin market was purely speculative, it was new it requires time to familiarize it. Instead of analyzing the market analyze the real situation outside it. Are we heading to a recession or not? Was the Gold delivers more value than crypto or not. From these scenarios wr can predict what will happen to the bitcoin market. If a lot og people buy btcs then the price will probably go up and vice versa.