In fact, this is not a growth at all. Growth is when the price reaches a new level and remains there. And it is not clear what. Well, no, of course understandable. We look at the graph from the Bittrex trading platform and see that the growth is associated with a large volume of coin purchases. Therefore, we have the following condition for the price of a coin: if there is a demand, the price rises until demand is satisfied, if there is a proposal, the price falls until all the supply is exhausted. IN THE REST TIME, the price is dangling at the same level and gradually decreasing lower and lower following the entire crypto market. Volumes in this case are insignificant, in the Bitcoin area, plus minus all the same Bitcoin.
All successful investment.
Yes, bit has grown up and bitcoin. Probably, on the one and who knows on what. Who needs it at all. We look forward to when its price will be lower than the price of mining and then we will see what super smart “analysts” of the crypto world will tell us.
