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Author Topic: This is what happening to BTC  (Read 298 times)
normensky012
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April 08, 2018, 06:03:52 PM
 #81

hi folks let me tell you what i think is going on right know Prices falling while value is increasing can only mean 2 things: 1. Either the price went up too much last year and is now correcting, or 2.: people don't get the value yet and we will see a strong price increase in a few months most likely is second option We will soon find out! tell me what do you think  Roll Eyes

The price definitely goes way up too much last year. Try looking on a bitcoin chart with moving average indicators set at 50 day and 200 day range. You will see that the price of bitcoin last quarter of 2017 was way too far from the average smoother. And the bitcoin price falling is not only a direct result of news, but also it's having a healthy correction. It happens to all market, not only bitcoin. But consider that there is other factors that affects bitcoin price like whales manipulation in exchanges.

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April 19, 2018, 01:02:16 PM
 #82

This price now is definitely some type of price correction given how much the market seemed to crash over the last couple of months. There will be an increase in price but I'm guessing it will be more of a slow but steady type of growth instead of an exponential growth in a short time like we saw at the beginning of the year.

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