Why Did Bitcoin Drop To $ 11,700?

in #steemleo5 years ago (edited)

Investors have no idea what they are going to do in the market because of the ever-changing cryptocurrency prices and how they will decide and take steps. Cryptocurrencies are gradually losing value, and the lack of any precise information about the causes of this is one of the most important reasons for investors to ask "Why, How, What Will Happen?".


Source
Cryptocurrency investors are starting to turn to hesitant or short-term investments to invest in cryptocurrency as the prices are changing and the downward trend is getting tougher.

However, cryptocurrency investors believe that there is an expectation of an uptrend in the market after the recent decline of up to $ 11,700, and that profit sales and panic sales are not very, very large, and that whales and investors are experiencing declines due to crypto currency sales.

Although the ongoing decline in bitcoin prices has attracted investors' reactions, the recent changes in cryptocurrency volume and price may have the potential to show an upward trend again.

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