Bitcoin Price Fall Is Not Real - Marc Kenigsberg

Great article explaining the recent adjustment in Bitcoin prices!

Marc Kenigsberg, CEO of Jamworx thinks the recent Bitcoin price dip is a minor retreat from the highs of 2017.

According to Kenigsberg, there are two primary factors reducing the price at the moment:

"Firstly, some of the speculative money that has been invested in the last few months by outside investors is being taken off the table as profits. Secondly, the market is still reacting to Bitmain’s threat tactics and the risk of a possible hard fork as retaliation for UASF. Ultimately Bitcoin is still up almost 150 percent YTD so I’m not concerned at all. Clearly, the fundamentals are strong and the demand is still increasing."

Click here for more: https://cointelegraph.com/news/bitcoin-price-fall-is-not-real-marc-kenigsberg