Jakarta –
Bitcoin price and a number of other cryptocurrencies have seen a decline in recent times. Even bitcoin has fallen by 24% from its highest level of almost Rp. 1 billion per chip.
Responding to this, Indodax Chief Executive Officer Oscar Darmawan revealed that so far it was not certain the cause of the drop in bitcoin cs.
“However, there are reports claiming the decline may occur due to the policies of the United States (US) government. This country is a country that can influence global economic policy. Including in the field of crypto assets,” he said when contacted. detikcom, Friday (23/4/2021).
He said that currently no one can confirm a long or short decline. “I’m also not sure when. But what is clear, there is still a lot of positive sentiment that could increase the price of crypto assets in the future. However, there are still some crypto assets that are increasing at this time. bitcoin price down, “he explained.
Oscar said, for example, like Ethereum which had touched its highest price in history of IDR39.5 million last night (Thursday, April 22). Even though currently Ethereum is being corrected, it is still on a sideways price at the highest level of IDR 33-35 million.
According to Oscar, the decline in bitcoin prices with the 2018 case occurred very quickly. Currently there is a gradual decline. In 2018, many countries did not accept Bitcoin.
He explained that this year is different because people already understand Bitcoin and the crypto market cap is also very large. People still expect cryptos like Bitcoin and others to increase again.
“Until now, many believe that Bitcoin can rise again and will touch the support level. Because according to initial predictions, 2021 is a Bullish year, in which crypto assets will experience an increase this year,” he added.
Continue to the next page about the causes bitcoin price plummeted.
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