we see bitcoin today experiencing high fluctuations below and will always drops, probably going back to the point of $ 4500. but if I look with bitcoin stock today which a little again $ 3.5 million , then this condition is not normal. because it should be when bitcoin is scarce, then price and value will quickly rise and higher. but today why down? do we have to wait 1 million bitcoins?
Bitcoin's price is driven by the community - the supply and demand. The scarcity of Bitcoin contributes to the price changes. Having a finite number of Bitcoin makes the "demand" as the driving force in order to lift the price up or push the price down. The price is down because there is less demand, many are selling instead of buying. We do not have to wait for additional supply in circulation, we need demand.