Virtual Currency Market Analysis [August 13]

In the past two weeks, Bitcoin

has declined from 9,000,000 to 8,000,000 yen

and currently sits at 7,000,000 yen,

with altcoins also

seeing some of their market capitalizations fall below the high-valued currencies,

and more coins are slipping to their lows of the year.

The SEC’s postponement of a Bitcoin ETF

has been announced, and since then there has been a sharp drop in prices,

but is that really the cause of the decline?

“Is cryptocurrency really no longer profitable?”

This time I am sharing my opinion in the face of many people's pessimistic market views.

Many people are tossing about, only looking at price.

But in reality there is more to look at than that.

＊My investment coins are disclosed in this paid article.

This week's article covers

・Notable cryptocurrency price fluctuations of the week

・Bitcoin chart analysis

・Why is cryptocurrency declining?

・Is cryptocurrency really no longer profitable?

・What should people who incurred losses in the year-end market do now?

We summarize.

＊This paid article predicted Ripple’s price rise and helped subscribers gain more than 200x profits. There are also track records with GameCredit and Ethereum.