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Author Topic: Why bitcoin gone too much deep??  (Read 641 times)
Stormspirit
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July 14, 2018, 09:31:02 PM
 #181

Hello pratik009. This could be because news of a bitcoin ban in some countries makes it panic and sells their bitcoin because they are afraid of deeper losses. It's been too long bitcoin down at the base and I think it's because of bubbles when after the price goes up, and altcoin prices are mostly influenced by bitcoin prices especially those using bitcoin platforms. But do not lose hope because bitcoin prices will return to normal again.


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Today at 12:49:25 PM
 #182

Yes every market asset is normal if they can go up and down, different in Bitcoin because that's the product we buy and cause the supply is very low now so if someone sells it or buys it, it could have a big impact on Bitcoin. The main reason is because of the supply and demand in the market more and more people are insisting on buying Bitcoin, the price will definitely increase and more and more people are selling there. Bitcoin prices also decreased.

I agree with you about people who sell bitcoin now. They don't understand said holding it is the best way to wait when the price is low.

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