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harsh

Why bitcoin price still not increasing?

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Bitcoin is not dropping. If you look at the price charts it is increasing in price and sometimes there is a slight drops but it rises again. The price of bitcoin drops sometimes due to the market forces some big whale of bitcoin might generate sufficient force to affect the market.

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This indicates that the price of cryptocurrencies is not related to events, but rather to the size of supply and demand for them, and in general the prices are always volatile, and even if the price of bitcoin has decreased recently, it will return to rise later.

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On 12/22/2019 at 10:56 PM, harsh said:

its the time of christmas and new year and in past years we have seen bull run in  the price of bitcoin in these days, but this year this isnt the case and the price is still dropping. does anyone knows what might be the reason?

It's due to the pendamic disease corona virus which spreads all over the world.. There is no country left where it not reaches. Ever country is effected by it. It blasts the economy of the world to a danger extent.. Due to this reason I think the bitcoin price is stopped for a temporary period of time but we hope that it will raise very soon as the condition becomes stable. 

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I do not think so, today the price of Bitcoin fluctuates, but all analysts expect that the price of Bitcoin will increase over time, so do not lose hope, everyone knows that the basic rule in working in trading is to be patient

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But with this present situation bitcoin is increasing in the crypto currency exchange market and is profitable it is advisable to make trading and investment in the crypto currency exchange market 

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Dear, Events and birthdays can affect Bitcoin's price, but not in a very noticeable way.  The fate of your coins cannot be restricted in this way, you must learn more about trading and know the appropriate times to buy and sell.

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