Topic: Big fall - page 2. (Read 175 times)
maybe bitcoin will keep going up we just have to wait until the right time
Is this big fall can't rise up again?
Does bitcoin rise up again after this big fall or continue to fall and die?
Why bitcoin price shrink, anyone controls the price of bitcoin?
Does bitcoin rise up again after this big fall or continue to fall and die?
Why bitcoin price shrink, anyone controls the price of bitcoin?
Though the price of bitcoin had deflated you cannot consider it as a big fall. If you can remember the value of bitcoin started last January 2017 with 1k $ and it rose up to 20k$ the value did not return back to 1k$ again. Thus with this given data we cannot consider bitcoin to have fallen. With the current value of bitcoin at 8k + $ we can still expect it to go down to 7k $ or to go back to 10k $ by April.
On your second question, the people who can manipulate the market are the whales since they owned thousand of bitcoins and the moment they decided to sell a thousand of bitcoin the value will surely depreciate again. But that is very normal since bitcoins value depends on the demand and supply principle.
It CAN definitely rise back up. You just have to be patient. Also, bitcoin will not die regardless of price. Development will continue whether bitcoin is at $k, $10k, $20k, $50k, $100k, or $100. Bitcoin doesn't care about the price.
Is this big fall can't rise up again?
Does bitcoin rise up again after this big fall or continue to fall and die?
Why bitcoin price shrink, anyone controls the price of bitcoin?
Does bitcoin rise up again after this big fall or continue to fall and die?
Why bitcoin price shrink, anyone controls the price of bitcoin?
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