Author

Topic: Can someone please tell me why is Bitcoin "stuck" for a month+ now? (Read 135 times)

sr. member
Activity: 560
Merit: 260
Yes.   Everything has an effect, big or small.   

newbie
Activity: 64
Merit: 0
what about some countries coming up with news on needing to regulate cryptocurrencies? wouldn't it will affect the price?
sr. member
Activity: 560
Merit: 260
The price is always exactly where the market demands it to be, and the market is made up of an unlimited number of personal interests.
member
Activity: 118
Merit: 10
It's true that Bitcoin price has rose unrealistically very high reaching ATH of 20,000 dollars mainly due to CME, CBOE. entering bitcoin market with bitcoin futures contract.Now it's time for bitcoin to reach its previous phase and hence the downfall in price.But it would once again enter bullish trend but slowly and not like the previous month.
newbie
Activity: 66
Merit: 0
Hi Everyone,
Can someone please tell me why is Bitcoin "stuck" for a month+ now?
I saw some serious action up until mid December of last year, do you think that the futures contracts
on the CME and CBOE (and soon wall street) has anything to do with it?   Wink
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