Post
Topic
Board Bitcoin Discussion
Re: Why is bitcoin moving now?
by
sunsilk
on 15/08/2023, 09:17:32 UTC
Overtime now it seem like bitcoin is lacking direction but from the look of things it has started gaining effectively price direction and this is going to going a long bullishly but am trying to ask why is moving now on the fact that dollar is rising extremely I thought that would affect the demand and supply of bitcoin.
Bitcoin has always been volatile, so you expect that it will move continuously. Sometimes, it is sluggish and sometimes it is too quickly. And that motion depends on the demand in the market.

Is this the green opportunity for us to buy or is going to return back after a while let me hear from you because have started calling to ask if they should buy base on the current bitcoin progress if is going to last. Do you think the price will continue voraciously by the day?
Nobody knows.

As long as you're determined whether this is the dip then you must decide for yourself if you want to buy. We're going near to the halving and that's one reason why everyone sees it going up soon.