Post
Topic
Board Bitcoin Discussion
Re: Bitcoin breaks above $19,000
by
ReLieD
on 25/11/2020, 14:41:59 UTC
Bitcoin breaks above $19,000 and approaches record highs as cryptocurrency frenzy continues
I dont exactly know how long have you been researching or reading about bitcoin. But i guess you might probably know that this is not the first time when BTC has had such an increment
ref:- https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp#:~:text=Bitcoin%20Price%20History,-Bitcoin%20has%20had&text=Launched%20in%202009%2C%20the%20price,%247%2C000%20as%20of%20April%202020.
Well i have a rough memory but i feel it had crossed 20k.. Anyway so the previous time, it literally dropped really bad just because a banker (I guess JP Morgan) said something bad about bitcoin and people panicked and sold their bitcoin, which led to a massive fall in the price. So its much easier for bankers and investors to control or manipulate the value favoring them.