Why falling Bitcoin. The senior analyst
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Last seven days Bitcoin has been strained. After jumping from the first of April 6500 to 7500 dollars two days later, the coin rolls down again. Current price today of about $ 6,600, which coincides with this week. The reasons for the deterioration of the situation shared analyst.
theForecast Bitcoin exchange rate
Senior analyst IC "freedom Finance" has shared ideas on the website . Vadim Merkulov carefully studied the situation and voiced his thoughts.
According to experts, to grow the Bitcoin exchange rate does not give the negative background. It provides news about the tighter regulation of coins and negative assessments of professional investors. The latter, in turn, raise doubts among ordinary users of cryptocurrency.
The Lack of good news related to the slow legalization of coins. Because of this, the market is not getting the required drivers for the growth, so to please the media there is nothing.
From a technical point of view Merkulov noted the downward trend and no signs of a quick recovery. The situation is reminiscent of 2013, when the rate jumped to $ 1,000, and then fell back to 228. Due to the continued formation of industry investors have a chance to lose up to 100 percent of their investments. This is especially true for altcoins.
The Analyst believes that altcoins many teams no fundamental value. The reason for the management and employees that "nothing is real not built and did."
At the end Merkulov noted the enormous potential of blockchain. Without recognition of States and large companies of the future, the technology may not be available.
I Hope to rectify the situation in the coming weeks — correction rather tired. The lack of memes about new records Bitcoin is also of concern.
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