Community post
Why Bitcoin Fall in June 2018 ? Future Prediction.
In last 24 hours, the price of BTC has seen some positive growth, increasing by almost $500.
Bitcoin was dropped around 7000 to $5800.
What are the 3 major reason about this bear market ?
- A Korean Bitcoin Exchange Coinrail Hacked and resulted in $42 millon drop.
- Investigation of US Government regarding manipulation activites in crypto price.
- Even Bithumb was hacked in the same time frame.
As per my own Technical Analysis, The bull market is now started. Let we all hope for the best ROI till the end of 2018.
I kindly request you to do your own research too, before investing in any crypto currency.
Follow and Upvote me.
Replies (5)
upvote for me please? https://steemit.com/news/@bible.com/6h36cq
Nowadays cryptocurrencies are little bit dim but I think the future is very bright.
It was a correction of Bitcoin and an approximate corridor for the near future.
Totally Agree! In addition, by adding Fundamental Analysis technique, Bitcoin are clearly undervalue right now by using a Metcalfe’s Law; where you examine the Network Value-to-Transactions (NVT) ratio by taking daily transactions "approximately 170,000" x current supply (do the math). With both analysis indicates a good sign, I think it's safe to invest right now.
You got a 31.61% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!