Post
Topic
Board Bitcoin Discussion
Re: Why is bitcoin plunging? What is the reason for this?
by
wendy sy
on 21/06/2021, 05:56:55 UTC
Because Bitcoin has risen too fast in the early days (in fact, all cryptocurrencies are the same), a callback is inevitable. The current price has fallen to the level of three months ago, and it is very likely that it will continue to fall. It is not impossible to fall below 35,000. For any asset, it is impossible to rise at a high speed forever. A proper correction is the way to keep the market healthy.