Why Bitcoin Drops to 15000 dollars level ? December 20 Price Analysis

in #bitcoin7 years ago

Bitcoin drops because money is switching into Alts and BitcoinCash that was added to Coinbase.

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As soon as fomos will lose money, all the money will be moved back to the good old Bitcoin. This will happen any day now.

Currently, there is no fundamental nor a technical analysis related reason for the decline of Bitcoin.

On the contra, the upcoming forks and the especially Segwit2x will draw even more attention to Bitcoin.

This makes 20-25k$ reachable by the end of the year.

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