BITCOIN

in #steemstem6 years ago (edited)

Bitcoin's fall price is not just a perception, or is there manipulation?

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This information does not contain investment advice or recommendations. Each movement of investment and exchange involves risks, so you must do your own research when making a decision. The last few months in the history of Bitcoin have been very interesting to watch, especially when it focuses on price fluctuations as an indicator of where it is headed. From approximately November 2017 until now, Bitcoin almost has the closed circle costing $ 8,000 and beyond $ 20,000 before returning to the $ 8,000 mark. Taking the November 2017 time frame, when people applauded their Innovative movement beyond the $ 8,000 mark, until today, when people are petrified that they fall below that pressure, we can see very different perceptions in the merchant confidence. However, operators who know, are less concerned with these price movements and are not letting the typical Bitcoin fluctuations affect them. Some explain that the current price is still massively positive, especially if the size of the graphics is reduced and it is observed where Bitcoin is in general. However, there are others that point to market manipulation as a possible cause of the Bitcoin price continuing to lose between $ 8,000 and $ 10,000 among its profits. Returning to your rank Part of the concern about the price of Bitcoin is that many investors only entered the market when the price was around $ 20,000. The hype and adoption were massive at that stage, with a database of 100,000 users in 24 hours in early November of last year. . The increase in price was unprecedented and was unusual. As Anthony Pompliano, managing partner of Full Tilt Capital, explained to Cointelegraph, the price of Bitcoin is simply returning to its range.
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