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RE: Bitcoin was NOT in a bubble – the 2017 rise and the 2018 consolidation (Chaos Monitaur–34)

in #bitcoin6 years ago

Of course, as you imply, there are many factors that influence the fluctuations in price. The regular halving is just one factor.

Moreover, there are both technical and fundamental factors to take into account. Anyone who looks at it from only one perspective will end up with an incomplete or distorted view.

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Totally agree.
These factors can be of external or internal origin.
There are so many indicators that we should consider.

For example, our friend @crypto.piotr made reference to media advertising. Maybe it is not far from reality.

International politics can also influence. When the winds of war are blowing, markets always vary.

It would be necessary to investigate in which countries the highest bitcoin holding rate exists. Socio-political movements could affect its value.

A massive sale in a short period of time would affect even the strongest giant. It would be a change in the balance of power.

Well, I think I'm speculating a lot.
It is always a pleasure for me to exchange ideas with you.

Keep speculating ... but not with money!!

oh... no no no...!!! lol...

Thanks.