Oct 16, · lol you morons always have some mystical reason why it goes up/down. CHINESE NEW YEAR COMING GET READY FOR BTC TO TANK!!! Bitcoin no longer follows stocks. Bitcoin will go up regardless of what stocks, ect do. Until the next time it goes down with bitmoneylab.de'll say "BTC went down cause stock market investors we wary of X or Y". Jan 07, · Bitcoin (BTC), despite recently surging by 10 percent, still remains in the doldrums with its price being nearly 75 percent below last year’s ATH. On Nov. 25, Bitcoin recorded a 36 percent weekly drop (the second worst in its entire ten-year history). Numerous theories are floating around the infamous Bitcoin crash. Nov 21, · Bitcoin’s price is defined by the last trade conducted on a specific exchange. Price goes up when buying pressure increases, and goes down when selling pressure increases. There are several major factors that can cause the price to go up or down such as: Media hype / FUD.
Why btc market downWhy is Bitcoin Down? Crypto Market Cap Down 17% BTC Taps $8,
I believe we are in the middle of a bull run and along the way, corrections will keep happening. We should stay strong until K..
If you still have the same faith in crypto you that this story is now used in manipulating the narrative. Holiday is coming..
Enjoy yourself, have fun, read articles, Netflix and chill, go on a date, have sex, play sports, spend time on your hobbies, go travel, etc. Look for amazing project with a new top tier exchange coming soon and sit back and relax.
Small cap project like XSN Is a good bet too.. Just sayin folks.. All I want is to make my family enjoy the best of time and change for good and I met Maskoffweb,com website and they change my life for good. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. Whether or not that will remain to be true remains to be seen. But, we should have an answer in the coming days.
I am a writer who has been following the cryptocurrency space since I own a small amount of Bitcoin. Contact NickC blockonomi. Save my name, email, and website in this browser for the next time I comment. Notify me of follow-up comments by email. The regulatory uncertainty around Bitcoin remains one of the main factors that hinder its growth.
During his recent interview, Circle CEO Jeremy Allaire said that there is a need for more regulatory clarity when it comes to distinguishing between securities and commodities in the cryptocurrency market.
Infighting within the Bitcoin community The everlasting scalability debate created a great schism in the Bitcoin community.
First, there was a Bitcoin Cash hard fork. This November, the division inside the Bitcoin Cash community also came to a head, which subsequently resulted in the creation of yet another hard fork — Bitcoin SV. The Bitcoin community infighting is obviously a disheartening sign for cryptocurrency investors who might be tempted to jump ship.
According to Oxford Capital, the unprecedented rise of Bitcoin was largely fueled by the populist movement. During their Thanksgiving dinners, numerous people would hear mesmerizing stories about how much money you can make in a snap because of the volatile asset class.
Once the Bitcoin price started freefalling, the new investors found themselves in a panic mode, and the cryptocurrency massive sell-off intensified. Nevertheless, the number of ID-verified users has almost doubled in the market this year from 18 to 35 mln. Numerous technical indicators point to the fact that Bitcoin is massively oversold after being equally overbought last December.
That essentially means that the real market value of the flagship cryptocurrency is much higher, and the Bitcoin price could rise in the nearest future. Hence, these powerful industry players can easily tip the scale in order to manipulate the price of Bitcoin. For instance, they have the power to tank Bitcoin price by fabricating a sell-off. Shortly after that, Bitcoin becomes a powder keg waiting to explode since many FUD-driven investors are to most likely follow suit.