what's the reason behind btc price going down? and when will price go up again

newtef

New member
i heard btc price is going down last few weeks i was not worried because i inversted for long term but i would love to know the reason behind the price
 

Sotherefore

VIP Contributor
Bitcoin's blockchain and the whole crypto-currency as a whole is really complicated that will you need a lot of good understanding of technical and fundamental analysis for you to really understand how they really work... Sometimes cryptocurrency can depends on the law of demand and supply in which the higher the number of investors the higher the price of a particular cryptocurrency... Sometimes the algorithm of cryptocurrency make it very difficult for you to be able to know when the consumer is high and when it is low. Because there are sometimes that there will be a higher number of investor but the price will keep dipping.
 
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