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RE: Bitcoin Price Mini T.A. 11/9/2018

in #bitcoin5 years ago

actually, What are the current problems that keep the currency low?

I am not an expert in crypts but it is due to a decline of the market as such or is it a more political and economic problem of certain nations?

Good work here

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There are many factors that contribute to the low crypto prices right now. Mainly, the miners that are dumping mined BTC onto the markets to fund their operations keep a constant downward pressure on the market as well as retail investors that are capitulating their positions. Part of the reason why the price has been unable to gain any momentum upwards is because many of the large trades that are taking place are being done OTC (Over The Counter) and they don't affect market prices when transacted.

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