9 December 2017 Why Bitcoin price falls ?

December 9, 2017 | Author: | Posted in Bitcoin

9 December 2017 Why Bitcoin price falls ?

Bitcoin’s non-stop upward movement ended yesterday and it lost value by more than 20% within the last 24 hours, falling from 18K to 14.5K against Us Dollar.

Investors ask us why Bitcoin price fell ? is There any specific development that may have caused this ?

Economists and coin analysts around the world have been sharing their opinions for days that Bitcoin price has over extended beyond the predictions.

In addition to negative perception, the recent price fall may also have been caused by profit sales at historic levels that Bitcoin reached hours ago.

Now we will follow the price performance at the current levels which we think is very critical. In case Bitcoin downward trend continues, a new price fall is imminent.

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