You are viewing a single comment's thread from:

RE: Why Bitcoin price is rising!

in #cryptocurrency7 years ago (edited)

Good observation :) This recent rise of BTC, is off course due to supply & demand ratio rather than some good news. There are shortages of BTC in exchanges since people are moving them to hard wallet just because of fear or for extra profit from BCC. With low supply and high demand (BCC gold rush), BTC is going up even though there are some really bad news (e.g. btc-e went offline, SEC ruling). Therefore, I am assuming a correction of 20-30% just after hard-fork settles down.

Sort:  

Yeah thats probably going to be pretty accurate.

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.030
BTC 59201.08
ETH 2515.32
USDT 1.00
SBD 2.50