Four reason of Bitcoin crashing

in #bitcoin6 years ago

Hello steemers today i share about my opinion about images (2).jpgBitcoin crashing

As you know that there are many rumours in the market so that they effect Bitcoin price

1 Negative news

As you know that how much effect the news in crypto market and it is start with little panic and you know that crypto market is very emotional.

2 confusion about India regulation

It is also a important factor that to regulate Bitcoin in india because people gives more weight of these news so they get panic.

3 crackdown of china

when china also affect the crypto because they and financial news released tha bank will no longer support crypto and china ban 3 times of crypto but they bounce back

images (1).jpg

4 Panic

This is also a important factor of Bitcoin price crashed because people get more panic and they sell your bitcoin in loss and i noticed that those people comes in crypto they have not market experience.

Sort:  

good content... its amazing

good going brooo

Good work Bhai...Thoda thoda likho fir v copy paste mat karo....Support me too

@doctorhealth its not a copy paste content i wirte and share this information about my personal experience

That is what I am saying

nice work dude

Hold and wait...