Topic: what's dragging the bitcoin price down? - page 5. (Read 642 times)
I think that the people who have the larger share in btc are the one who are making the market move like this. This strategy in manipulating the price have a great impact on btc capability.
Warren Buffett and Bill Gates, both billionaires' view of cryptocurrencies has an impact on retail investors. This might be the main reason behind it.
How do you think?
Yes, that negative perspective shared by the above mentioned financial giants contributed in the recent plunging of the bitcoin. Buy I can say that we are safe that such news is coming at this time when Bitcoin has gained a great ground of trust and followership. Otherwise it would have been a very big dive downward. Warren Buffet and Bill Gates aren't names to toy with even when their opinions don't align with the majority. How do you think?
Warren Buffett and Bill Gates, both billionaires' view of cryptocurrencies has an impact on retail investors. This might be the main reason behind it.
However, some market analysts have noticed that bitcoin price is correlated to the stock market. Analysts are starting to use Dow Jones as a predictor of how bitcoin price will move.
What's dragging the bitcoin price down?
How do you think?
However, some market analysts have noticed that bitcoin price is correlated to the stock market. Analysts are starting to use Dow Jones as a predictor of how bitcoin price will move.
What's dragging the bitcoin price down?
How do you think?
There are many ideas and opinions as how the market is not breaking the wall or resistance and so we are not hitting the 10k$ mark. But even though what is the reason behind the story what is clear is that there is a weak support on bitcoin and the resistance is very strong and that is why it dropped from 9900$ back to 9200$. But again there is a possibility that we will be winning this tug of war and we are going to overtake 10k$ next week.
Every negative news about Bitcoin influential people, after which there is a large sale and the price drops.
Warren Buffett and Bill Gates, both billionaires' view of cryptocurrencies has an impact on retail investors. This might be the main reason behind it.
However, some market analysts have noticed that bitcoin price is correlated to the stock market. Analysts are starting to use Dow Jones as a predictor of how bitcoin price will move.
What's dragging the bitcoin price down?
How do you think?
However, some market analysts have noticed that bitcoin price is correlated to the stock market. Analysts are starting to use Dow Jones as a predictor of how bitcoin price will move.
What's dragging the bitcoin price down?
How do you think?
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