Why Bitcoint Crash ??
At this time I will explain a few things about cryptocurrency and what causes the destruction of all cryptocurrency prices.
Many people are panicked by the fall in prices from Bitcoint which initially touched about 240 million, and currently still 160 million, many of the traders who sell them their bitcoint stocks, because they are afraid the price will decline, but it is all unnecessary, there are some things that making bitcoint price decrease, one of them is:
1.Bitcoint usage prohibition
The prohibition of Bitcoint use has been done in several countries, such as Thailand, Russia, Vietnam, Ecuador, Bangladesh, Kyrgyzstan, Nigeria, Nepal, Morocco, Germany and the news that Bank Indonesia has just announced that Indonesia will also prohibit Bitcoint Use in its Country, The reason Indonesia forbids the use of Bitcoint is because the legal currency for use in Indonesia is only Rupiah is not a virtual currency like Bitcoint.2.China will close the Bitcoint market
This is a big influence why bitcoint has drastically decreased, because china preach about china will close bitcoint market in their country why i blg this is the biggest influence, because 60% of people who invest in Crypto world are chinese, so if society china can no longer invest in this crypto world, then I am sure will happen a very drastic decline in the future
Do not panic, in my opinion, Bitcoint will still be on their cryptocurrency trading market, why is that ?? because it is impossible to remove the Cryptocurrency trading market, so many devotees and even this could be a field for people all over the world to earn money.
Actually the decline in the price of all cryptocurrency is corrected yes, how not, so far bitcoint has been upgrading the graph up to 1000% which is impossible not to decrease, just calmly, This correction I think is reasonable, because this less than 30% correction, and I am sure that Bitcoint nnti will be at Pam back at a very high price, the point is do not panic because of the Bitcoint price drop
For now, I'm sure it will be done with all the crypto for a very high price
Do not forget to vote if you like, I will try to give some update about Bitcoint, Thanks