Post
Topic
Board Speculation
Re: Why the price of Bitcoin still in such a state?
by
wxa7115
on 19/04/2022, 20:33:57 UTC
Why is the price of Bitcoin going downhill? I kept saying for two or three months that the marketplace will be better by this time and the price of bitcoin will move forward. But my idea is wrong. Experienced people will share your opinion on why the price of Bitcoin is in such a state.
The market is like this because of the same reason as always, the supply and demand, the demand for bitcoin at the moment is weak and there is some sort of equilibrium with those that want to sell their coins, so there is not much of a reason for the price to go up.

Just accept the fact that your prediction was wrong and move on, maybe it will take a longer period of time for the price to go up or maybe the price will go down, but whatever the case make sure of taking advantage of whatever the market throws at you instead of sticking blindly to your predictions.