THE END OF BITCOIN
hello guys. i am here will talk about bitcoin and i was got a lot profit there. i also a trader cryptocurrency, stock and forex. i assume you have understood aboud bitcoin, so i will start talk about this from the statistic.
from the first release and listed bitcoin to the market until mid year 2016 the price looks stable and low volatility. but, in the end of 2016 has a sign that bitcoin will be rise and that is true until january 2018. bitcoin is one of market with the high volatility ever. so, we can't sure the market but we can predict the market with the sign. and now, as we see bitcoin fall down and until now some support was break. no one can stop bitcoin will going down to much. that is my opinion and some fact about bitcoin has been collected by me :
1. some countries block/ban bitcoin, source: lifewire.com
- China
- Equador
- Nepal
- Morocco
- Bolivia
it also makes bitcoin to fall, and some case who the people using bitcoin will get in the jail. woow it so horrible.
2. bitcoin for crime
we know bitcoin can used for buy something online. but, most bitcoin used in deepweb for buy like weapon, drug, rent a hitman and more.
3. bitcoin is not investment instrument
if you think bitcoin for investmen so you totally wrong. bitcoin is very risky and not recommended. you can lose faster.
4. no department set the bitcoin
exactly, bitcoin only set on blockchain and no regulator and that is very anonymous.
so why bitcoin will be end ? because some fundamental and technical analysis. let see the technical
here we can see the market is strong bearish and some support was break on daily chart. from the chart is very hard if the market will going bullish for the long time. maybe it will going bearish for the long time like 2015.
okay, thankyou for reading my post. upvote if you like it and follow.
i apologize if i have wrong opinion. let's discuss on comment bellow if you have a question or you will give the right news about bitcoin future.