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When will bitcoin price drop?
The CEO of Pantera Capital says the next Bitcoin price will drop by over 80\% October 18, 2021
Why are crypto prices dropping?
Here’s the reason crypto prices are falling It all comes down to two things: fear and greed. It’s the same in the stockmarket, only it plays out a lot slower there. It used to be said that a month in the crypto market is like a year in the stockmarket.
What is bitcoin currently trading at?
Bitcoin trading is all about a digital marketplace where traders can buy & sell bitcoins using different fiat currencies or altcoins. A bitcoin currency exchange is an online platform that acts as an intermediary between buyers and sellers of the cryptocurrency.
How high can bitcoin go?
Considering the innovation that Bitcoin has brought both to the financial and technological worlds, there is no limit to how high the BTC price could go. The cryptocurrency has shown incredible growth and stamina over the last decade, and is unlikely to stop.
Is bitcoin going up or down?
Possible reasons for why the Bitcoin price is going down: Dell is selling their first bitcoins. The whales (big Bitcoin holders) are selling. Investors think Bitcoin is still in Bubble territory. There is no real reason to go up, and crypto in general doesn’t seem to like stability, so it either goes up or down.
Why is trading bitcoin so difficult?
It is a fact that buying bitcoin is fast becoming the only way for common people to access it. Mining is quickly getting too expensive. However, the main reason it is so hard to buy BTC relates to the issue of using US dollars electronically. You can’t send US dollars directly and irreversibly to an exchange like Coinbase or Gemini.
Why bitcoin price is so high?
The bitcoin price is so high because of the law of supply and demand.The greater demand,the higher price and we all know that becoin is in demand because it is the famous online cryptocurrency as of now.