Why is BTC falling now?
esteem·@waihinoo·
0.000 HBDWhy is BTC falling now?
Why is BTC falling now? Bitcoin has shed more than 20 percent of its value over the past week, leaving investors “miserable”, according to strategist Tom Lee. Bitcoin experts said it will be a very “tough time to own” the digital currency over the next two to three weeks. Using a scale known as the Bitcoin Misery Index (BMI) - which measures how sad or happy investors are by measuring the consistency of bitcoin to USD over the last 90 days - Mr Lee said the readings are currently at their lowest levels since August 2011.
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