US/China Trade War

Recently Bitcoin price has been very low. Starting at the first of October, Bitcoin price is about 8,200 USD and it keeps falling until 25. Oct 2019 it has a small spike, spiking the price of Bitcoin to almost 10,000 Usd. Until now Bitcoin price is still on it’s low peek. Bitcoin price is going to pump up around this Christmas. Why? According to the graf of the bitcoin, the price of the bitcoin will always spike up plus US/China trade war is still going on. It might seem bad to the economy of both country but Bitcoin is different. This is due to the decentralized of the Bitcoin currency. Basically, Bitcoin is not owned by these countries. Investors will move their assets to cryptocurrency trading as investing in their country or china is not a good time now. This will make more investors getting involved in cryptocurrency trading hence making the market cap larger. The money will be change into cryptocurrency affecting the Bitcoin price to spike up. Start trading your bitcoin before it goes down.

5 thoughts on “US/China Trade War”

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