Bitcoin price is a roller coaster the start of the year 2018. It goes up at first and stays then go down and stay and go up a bit then drop more so low and rapidly. Will it go up again in a loop then down and up again? We really don’t know what will happen like we really don’t know what the reason of the huge drop is. Is it the news? The bad news that affect the mind of investors or is it really manipulated? But why other altcoins price also dropped? We really don’t know right? We just depending on big investors decisions. Their decisions will affect the bitcoin price also. But what do you think can affect those peoples mind in invested and selling their bitcoin? For sure the bad news and the good news they heard. The tweets of some influential people also affect them. That’s only my opinion.
There is this news I read on some source: https://cointelegraph.com/news/cnbcs-ran-neuner-says-bitcoin-will-end-2018-at-50000, it says that CNBC’s Ran Neuner stated that Bitcoin price will end in 2018 at $50,000. Ran Neuner for sure is an influential person because CNBC is a big name in the world and he the host. And in addition to that other (28) twenty eight most influential blockchain insider according to Richtopia, Tweeted that Bitcoin price will be $50,000 in 2018. I don’t know if it will affect the price of Bitcoin or other crypto currency because as I check the CMC / Coinmarketcap.com list still on red percentage. I will just wait for next week update. Maybe this news will affect it soon.
What do you think?