|
Title: Can someone please tell me why is Bitcoin "stuck" for a month+ now? Post by: bluehodl on January 24, 2018, 05:43:11 AM Hi Everyone,
Can someone please tell me why is Bitcoin "stuck" for a month+ now? I saw some serious action up until mid December of last year, do you think that the futures contracts on the CME and CBOE (and soon wall street) has anything to do with it? ;) Title: Re: Can someone please tell me why is Bitcoin "stuck" for a month+ now? Post by: kasansa on January 24, 2018, 05:58:39 AM It's true that Bitcoin price has rose unrealistically very high reaching ATH of 20,000 dollars mainly due to CME, CBOE. entering bitcoin market with bitcoin futures contract.Now it's time for bitcoin to reach its previous phase and hence the downfall in price.But it would once again enter bullish trend but slowly and not like the previous month.
Title: Re: Can someone please tell me why is Bitcoin "stuck" for a month+ now? Post by: Dapper on January 24, 2018, 06:01:13 AM The price is always exactly where the market demands it to be, and the market is made up of an unlimited number of personal interests.
Title: Re: Can someone please tell me why is Bitcoin "stuck" for a month+ now? Post by: GC2263 on January 24, 2018, 06:05:18 AM what about some countries coming up with news on needing to regulate cryptocurrencies? wouldn't it will affect the price?
Title: Re: Can someone please tell me why is Bitcoin "stuck" for a month+ now? Post by: Dapper on January 24, 2018, 06:07:08 AM Yes. Everything has an effect, big or small.
|