Post
Topic
Board Bitcoin Discussion
Re: Is regulations among the key factors that affect the price of Bitcoin
by
Bushdark
on 18/08/2023, 19:05:29 UTC
Is regulations among the key factors that affects the price of Bitcoin
Bitcoin is not get a regulated asset and I hope the government is not in to do such a thing because it might have a big effect to the market as one of the key factors of the Crypto market. Maybe that might happens in many years coming but I don't think that the government would be ready to take advantage of the opportunity of regulating the number asset in the cryptocurrency market right now.
There had been a speculation that Bitcoin is going to go bearish more before accelerating to the bull which is going to happen immediately and take off to the bull which is going to prolong to next year.