'' What to do next? '' Financiers were alarming because of the sharp rise in price of Bitcoin

'' What to do next? '' Financiers were alarming because of the sharp rise in price of Bitcoin

The increase in the value of the bitine is due to the one-time purchase of this crippled currency, so predicting a rise in price to $100 thousand, nobody dares.

Bitcoin has risen in price due to the actions of speculators. This week Bitkino succeeded to cross the mark of $5 thousand for the first time since November 2018.

"The global disappointment in the crippling currency began in 2018. Instead of reaching $100,000 by the end of 2018, as bitcoin enthusiasts predicted, bitcoin fell below $5,000. Experts explained this by failing to hope that the Commission The Securities and Exchange Commission of the United States (SEC) will allow exchange investment funds. However, the fateful decision for cryptography was not adopted, but instead, the SEC began purging the market from unscrupulous players, "the material said.

It is noted that after this the market finally took the hill bitcoin-pessimists, and the idea of ​​cryptology as a bubble, which ultimately burst, only strengthened. The most popular cryptocurrency trades continued to be cheaper, and a large number of crypto investors on large investment sites all the forces sought to get rid of the remains of Bitcoins due to fears of a complete crippling currency.

Traders are now arguing that it has been an impetus for the rising cost of bitcoin, and can it be expected that this is a long-term trend: most of it is explained by just good speculation.

I took this article from here: https://www.obozrevatel.com/ukr/economics/scho-zh-robiti-dali-finansisti-zabili-trivogu-cherez-rizke-podorozhchannya-bitkoina/amp.htm