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RE: Market Analysis: The events circulating in the world of Bitcoin and the global Monetary chaos.

in #money8 years ago

I honestly was not prepared for the negative trend. I was expecting it to stay stable but then, I get a notification from CoinMarketCap saying that the price is falling below $630. Do you think it will go back up this week?

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One must be careful. The bitcoin was already falling by discussion of possible changes in the code to improve some aspects, and the news regarding bitfinex that occurred today dropped the price further.

It's hard to say if the price is good to buy, because I believe it is not clear whether the price currently reflects completely the events, or if there a manipulation there.