Hello btctalk.i am in this cryptoworld since from many months but i never seen this much deep of btc so i have some questions related to it.
1) why bitcoin price gone this much down?
2)why bitcoin price fluctuate too much?
3)which features affect on the fluctuations of price of btc?
4)Is bitcoin price affect on altcoins? If yes then which altcoins price get affected by it ànd which are not?
5)when we should see the price increament in BTC?
I would like to answer your questions one by one.
1. Bitcoin is a kind of investment and it is very common in all kind of investment that its valuation flactuates with time.
2. The flactuation in the valuation depends on the market factor, when the demand of bitcoin is high then its valuation inflates and vice versa.
3. Bitcoin is a volatile crypto currency and because of this feature its valuation flactuates.
4. Being superior of all crypto currencies, the flactuation in valuation of bitcoin affects the valuation of other altcoins also
5. According to many wise economists we can see the inflation in the valuation of bitcoin in the last months of this year.