The rearmost data shows that BTC USD has swerved from planned price growth to an extent noway seen ahead. In the history, such a divagation was regarded as a temporary miracle, but this time it has come a trend. The situation is far from simple and the situation is changing faster than utmost people can keep up with.
We've seen that the current price isn't only far from its literal outside, but also far from its each- time high. We can not be sure what will be in the future, but we can be certain that BTC USD will continue to be unpredictable.
The current volatility is caused by different factors
Bitcoin's development has been poor, which means that its demand decreases
There are numerous indispensable cryptocurrencies available on the request
The request structure of Bitcoin has changed, which means that it's getting less popular and less important
Exchanges are closing down, which means that smaller people are dealing their Bitcoins( and therefore adding demand).
Thank you, friend!
![image.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmd7of2TpLGqvckkrReWahnkxMWH6eMg5upXesfsujDCnW/image.png)
![image.png](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmWDnFh7Kcgj2gdPc5RgG9Cezc4Bapq8sQQJvrkxR8rx5z/image.png)
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
please click it!
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)
The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You've got a free upvote from witness fuli.
Peace & Love!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit