Post
Topic
Board Bitcoin Discussion
Re: Bitcoin continues to decline, what causes it?
by
verita1
on 27/04/2022, 17:18:12 UTC
The price of bitcoin falls due to the current market situation, we do not have a feeling of total optimism, there is uncertainty and the idea of reaching 100k has faded.
I do not want to say that bitcoin is destroyed on the contrary bitcoin has strong defenders.
The market is behaving according to opportunities.
Two days ago it became official that Elon Musk bought Twitter. The news caused the price of Doge coin to shoot up from 0.12 to 0.16. Do some believe that Elon Musk is going to allow payments on Twitter with Doge?
When I am concerned about the price of bitcoin, I also check its dominance in the market and it still remains between 39% and I think there is no need to worry.