As we see that bitcoin price is down since last three months but still not reaching to its highest level.
Is bitcoin loose its popularity ?
Bitcoin community is growing day by day, price has nothing to do with it. If you take closer look many people are interested in it when it reaches ATH because all they see and want is money and nothing more. We are building the future here and better world where we are not forced to trust the middle man to transact and send money globally. Banks fear this thing which is why you need to know you are on the right path. Don't expect that many people understand and know about crypto within one nigh period. This whole thing needs time and when you look it passed like 10years almost and be sure that within next 5 community will grow even at the more speed.
The stability about bitcoin value has nothing to do from its popularity. Because despite of not being stable in the price of bitcoin many users are still using and earning in bitcoin and nowadays there are people who start using it also. The number of users of bitcoin is rapidly increasing so its popularity as well.
If this fall in price continues to happen then definitely Bitcoin will loose its popularity.Bitcoin has gained a lot of users in the last nine years.Its popularity is very high.Many people invest in Bitcoin due to its profit margins.It is unable to rise at that rate which it used to do earlier.Demand of bitcoin is also falling a bit.People are selling their bitcoins as the prices are not rising and they are suffering from loses.It is also complicated for normal people too as it requires some basic knowledge.