The demand depends on the offer, this is the marketing essence of the complexity inherent in the bitcoin mining algorithm. It is assumed that miners who have become hardware hostages of the blockchain will be forced to raise the price due to the increased cost of virtual coins.
The last test was conducted in the first half of 2015, when the price dropped to $170,...
Technically, a downward trend and a sharp change in direction for the price of $6k will not be. This time the story will repeat, but already in a different time interval, a sharp increase during the half year, as it was not last expected, to make the next multiple volume of purchases, we'll need the same multiple time interval.
In search of plankton
Today, at a...
Trading levels of the last two days form support, however, sellers panic because of the efforts of professional traders and the price breaks them one by one. I am sure that this movement will stop at $ 11'600 (min $ 10'900) and then on a fresh head will return to the previous uptrend.
The bitcoin expands due to the constant influx of new assets and they tend to one conclusion, because the same educational process is running where formula one works: Infinity (meaning the dollar emission) divided by any integer (meaning the limited issue of bitcoin) will be equal to infinity: dollar / bitcoin = dollar.