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It all depends on the supply and demand of the bitcoin that determines its price, if theres a sustainable balance between the two; the value of bitcoin will continue to rise, especially after the halving event as you look at the statistics of the last halving scenario.

Good point of view that bitcoin price is really depend on supply and demand , if supply of bitcoin will be increase then bitcoin price will be decrease and if supply decrease and demand increase then price is going to higher .

The point is determining which one increases supply or demand!

The supply will not increase though as it it limited therefore inflation is very low or even close to none, the demand will surely increase as more people are adopting to bitcoin as time passes and we can tell that if we are active regularly monitoring the price trends or market of bitcoin.

The bitcoin is not innovative enough. Investors are trying to find some other coins which are more useful than the bitcoin. The bitcoin price might drop relative to other coins.

no i am not agree with you bitcoin is still the world number crypto currency, and still people are joining and investing their money in bitcoin, i am still hopeful that in next few days the price of bitcoin is going to start increasing and hope that this time it is going to cross all time high price.

I think the bitcoin is still the number 1 crypto currency for the time being. But the Ethereum and Monero is catching up.

They are also a good investment alongside with bitcoin, but I can see bigger opportunity investing in bitcoin than the two, but maybe I would consider investing on them if I have some extra funds but I would always priorities bitcoin especially with the price now.