I believe price depends on demand and supply . The more demand with low supply results more higher price and vice versa. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?
- price of bitcoin like everything else depends on its supply and demand.
- the supply is not "low" it is a reasonable amount which is the important part and also it is limited to a fixed number (is capped).
- the demand is going to rise as the adoption increases. and adoption will only increase over time and as more people find out about bitcoin or more merchants start accepting bitcoin or more people start spending bitcoin as a currency. and that in turn will increase the price of it.