We will run out of sellers soon. Price will go up. Then repeat. Each time achieving new highs and lows. However, the price (in fiat) increases by more every time because there are less amounts of people less willing to sell without achieving 3-4x gains.
So, the buyers at $8 wont sell until $25/35.. then the buyers then wont sell until $50-75.
I know this is basic stuff but seems as if people dont understand this concept lol
So, the buyers at $8 wont sell until $25/35.. then the buyers then wont sell until $50-75.
I know this is basic stuff but seems as if people dont understand this concept lol