Post
Topic
Board Bitcoin Discussion
Re: How do you interpret the fluctuation of Bitcoin price ?
by
serjent05
on 12/03/2023, 21:07:03 UTC
For new potential investors, is this still a good time to invest in Bitcoin ?

Definitely, it is still a good time to invest in Bitcoin.  Looking at its ATH, Bitcoin is still selling at a discounted price. and we all know that after halving, the Bitcoin price tends to surge, and a year later of halving Bitcoin tend to record a series of ATH breaking event.


What do you think of the recent drop of Bitcoin price ? Please share your views.

It is influenced by the bad news created by collapsing centralized services and exchanges.  Since the news of exchange bankruptcy brings negative news, the market reacts on it.  We can also consider the correction of the price since Bitcoin surged too fast from $16k to $25k so correction is also expected.