Post
Topic
Board Bitcoin Discussion
Re: Did bitcoin lose its value?
by
Eternad
on 23/10/2020, 21:22:29 UTC
The economic impact of Covid has weakened global markets, including the slow movement of the world economy, maybe this is what makes the USD dollar even more sluggish. but in bitcoin I see the price is still strengthening now $ 15000 dollars stronger than last month.
Today's price is only about to reach 13k and we're not sure yet if once it reach 13k will it still continue up to 15k, or it's a 1500 dollar difference from last month, anyway if we will ever reach again 15k then it can be a good indicator for more whales to keep their asset still but since the market is too volatile we will not know what may happen next once BTC reach 13k will it continue or the drops and correction will start after this as breaking resistance this week takes more time.