COVID 19 enriched majorities while the minorities suffer.
The current increament in the cost of commodities in the market is alarming bad yet the majorities who are representative of the minorities (politicians) seem to pay less concerned.
This increament before now was tag to be as a result of Covid 19 which interrupted importation and exportation of good and services.
It is expected that with the decrease in the Covid 19 spread I thought their will be a corresponding decrease in prices of price the reverse is the case.
My question remains is their any hope for price decrement.
It was actually down for a really long time which gave people an amazing opportunity to buy some more thus we saw the sudden upturn, right now I do think that we will see a lot more down fall in the market , we are still in a phase of lockdown and therefore these things are common.
I do think that if you want to invest big then wait for a while . At the same time you have to consider the news where countries adopted bitcoins as a legal currency therefore it will also spike up the price when that happens. This is something that you can look forward to.
Right now due to some probelms in China past week we did see a slightly lower price. Look out for any news, it's a critical time especially for trading.