Need assistance - Bitcoin Price

in bitcoin •  7 years ago 

Hi Guys,
How are you ? I believe you all are well and doing a very good job.

Today I need some assistance from you ? I am seeing that for last few days bitcoin price is moving downward. Would you please help me why this is happening ? I am very less knowledge on technical analysis. I will be good If I get the answer on this.

Thanks

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It's possible for numerous reasons, it's a risk chain and bitcoins are currently undergoing a faith drop is what I'll refer. Past week for crypto-world the currency have been fallen because less propaganda and now government taxing on such transaction. However; like I said earlier, numerous reason can back up the sudden fall, might just be temporarily down as market is not fully functional during the holidays or might arise of other altcoins giving BTC a sudden death. Please don't use my advice as a professional investor advice, I am not a professional investor nor give you the right to direct with it turns out, I'm just giving you some educational advice. Thanks and good luck!