Post
Topic
Board Speculation
Re: How do you explain the October pump?
by
poldanmig
on 12/10/2021, 13:22:34 UTC
"China ban" appeared to be advantageous for crypto, eventually. First we experienced significant dip, which is always natural under the given circumstances, and then things got back on track (to the moon).
The ban from China has continued to exist from year to year, does that make bitcoin die?
Of course not, because so far the price of bitcoin has not depended on any single country in the world, even though the Chinese ban did affect the price slightly, but it is not permanent because we all know that supply and demand factors that occur in the market are the main factors for bitcoin prices.