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What determine Rise of Bitcoin
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[QUOTE="Sotherefore, post: 212427, member: 27033"] Cryptocurrency is extremely volatile because the demands and supply of it within a particular period of time is not stable and as a result the movement of bitcoins shows a high level of instability, but in any case the price of cryptocurrency and its movement are mostly determined by the law of demand and supply within that period of time. But as a crypto trader you will understand that it is not all movement of cryptocurrency are determined by the law of demand and supply but it depends on the algarithm of cryptocurrency that will determine his movement within a particular period of months in a year. There are some season in the crypto space that are always considered the Bearish season and in this case it does not really mean that there is a low buying Force in the crypto space but during that season the market must adjust itself to fit the bearish movement because of how it was set up. The movement and developing nature of the crypto-currency market is completely unpredictable and will require the knowledge of an expert to be able to know the real technology behind the high volatility in the crypto space , even me I do not know. [/QUOTE]
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