One of the reasons Bitcoin kept on crashing is due to the high volume of demand.
One of the reasons Bitcoin kept on crashing is due to the high volume of demand.
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Asia, main movers of crypto currency has been tough on crypto traders recently as a result of new government policies. Traders in these areas are out of fear selling their coins massively is the major reason for bitcoin recent crash.
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The utility of bitcoin has been decreasing as transaction fees increase, and yet BTC price rose massively in spite of this. I understand it is difficult to understand the exact cause behind the price movements, but still I think we can narrow down the changing parameters if not understand the whole driving force.
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I think the price reduction of bitcoin is a normal phenomenon, it is a very normal adjustment.
A lot of people saw a lot of falls, and they said they broke, I don't think so, I think of it as a correction, so it's better to go up.
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