Bitcoin Forum
July 18, 2024, 12:29:50 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Can someone please tell me why is Bitcoin "stuck" for a month+ now?  (Read 118 times)
bluehodl (OP)
Newbie
*
Offline Offline

Activity: 66
Merit: 0


View Profile
January 24, 2018, 05:43:11 AM
 #1

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?   Wink
kasansa
Member
**
Offline Offline

Activity: 118
Merit: 10


View Profile
January 24, 2018, 05:58:39 AM
 #2

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.

Dapper
Sr. Member
****
Offline Offline

Activity: 560
Merit: 260



View Profile
January 24, 2018, 06:01:13 AM
 #3

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.

sent from my X6
GC2263
Newbie
*
Offline Offline

Activity: 64
Merit: 0


View Profile
January 24, 2018, 06:05:18 AM
 #4

what about some countries coming up with news on needing to regulate cryptocurrencies? wouldn't it will affect the price?
Dapper
Sr. Member
****
Offline Offline

Activity: 560
Merit: 260



View Profile
January 24, 2018, 06:07:08 AM
 #5

Yes.   Everything has an effect, big or small.   


sent from my X6
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!