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 price of $6,500 per unit, bitcoin trading volumes are declining because there is actually no one to buy it from anyone. Since its emission is limited, the spread is beyond the spread, commission over commission it flows in one "smart" hands and it becomes not interesting for the community. Moreover, in fact, most of it is already on the stock exchanges and some of them, judging by the publications, do not allow withdrawing funds even in cryptocurrency, which is nonsense for the blockchain itself and in turn not only undermines the trust of users, but also runs the risk of in justice finders. In any case, the price will fall.
The manipulators who are keen on the game should not lose sight of the fact: the more bitcoins is in one hand, the less it is interesting to others. The phenomenon of Bitcoin, in contrast to its surrogates, is that personal interest in it directly depends on the public. Whatever “news” is created, it is obvious that in the present conditions they are not able to stimulate the intentions of the real economy adherents. In order to change the situation, Bitcoin will first have to be re-distributed, decentralized for its intended purpose, or as they say now: scale until the price drops to acceptable, i.e. now, taking into adjusted for inflation, it will be somewhere in the range of $ 1-4k (depending on how quickly the measures are taken and new ideas* are voiced to improve the industry).
If you entered the cold water to the waist, then most likely you will dive. No matter how much one would like, whales just need to dive into the depths, it will be very natural, and then its ascent to the next logical summit will take 5-10 years.
Bitcoin is enough
* - Follow me for new fundamental ideas for Bitcoin
In search of plankton
Today, at a price of $6,500 per unit, bitcoin trading volumes are declining because there is actually no one to buy it from anyone. Since its emission is limited, the spread is beyond the spread, commission over commission it flows in one "smart" hands and it becomes not interesting for the community. Moreover, in fact, most of it is already on the stock exchanges and some of them, judging by the publications, do not allow withdrawing funds even in cryptocurrency, which is nonsense for the blockchain itself and in turn not only undermines the trust of users, but also runs the risk of in justice finders. In any case, the price will fall.
The manipulators who are keen on the game should not lose sight of the fact: the more bitcoins is in one hand, the less it is interesting to others. The phenomenon of Bitcoin, in contrast to its surrogates, is that personal interest in it directly depends on the public. Whatever “news” is created, it is obvious that in the present conditions they are not able to stimulate the intentions of the real economy adherents. In order to change the situation, Bitcoin will first have to be re-distributed, decentralized for its intended purpose, or as they say now: scale until the price drops to acceptable, i.e. now, taking into adjusted for inflation, it will be somewhere in the range of $ 1-4k (depending on how quickly the measures are taken and new ideas* are voiced to improve the industry).
If you entered the cold water to the waist, then most likely you will dive. No matter how much one would like, whales just need to dive into the depths, it will be very natural, and then its ascent to the next logical summit will take 5-10 years.
Bitcoin is enough
* - Follow me for new fundamental ideas for Bitcoin
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