And so btc is down again at 3850$, after reaching 4200$ for almost a week ,it goes down in just seconds. Thats the risk when buying coins and why some are afraid to buy bitcoin even the price is low.
Bitcoin does experience sharp price fluctuations so owners wait to make trading decisions whether selling or buying.
I personally expect the price of bitcoin will continue to fall slightly, after starting to rise but not too sensational, until the end of 2019 prices were in the range of USD 5,000. That's my personal opinion.
There will definitely be a change, crypto will never be stable because crypto really depends on the demand factor. When more people need crypto, it will increase the price of Bitcoin and when more people start leaving crypto, it will make crypto prices decrease. So when we all want to be in a good phase, increase the use of crypto / Bitcoin much better.
Exactly! Spreading awareness and properly educating the public of what Bitcoin is can greatly help gain trust and help increase its demand. Due to wild swing of the market, there have been speculations and divided opinions around. It could be very hard to tell as to how long will it take for the market to recover, and it's not also safe to say that it can't go above 4k because market keeps on moving uncontrollably. Stay positive and be hopeful that we all can be successful in this world of cryptocurrency.
Nah, we really don't need spreading awareness, bitcoin will do its own thing.
Bitcoin has been in the media for the past 2 years or more, specially when its peaked in 2017 so I'm sure a lot of people are already aware of it. It's awareness grows strong that during 2018, lots of government around the world has taken a stance against or for bitcoin.
$4k is nothing when the market goes on another bullrun, it's just a question of when it will happen.