Hey guys, since January fall bitcoin didnt grow at all. I mean in February it was 7k$ and now too. When do you think it will stop? When will bitcoin finally grow?
No one can answer that question, I mean anyone can give you an answer but that is all a speculation or a smart guess because no one can really predict when will Bitcoin will start a bull run. If someone will say to you that November will be the month where Bitcoin will starts to grow because that's the month Bitcoin hit its new all time high last year, then that is bullshit because it will not be always the same thing, this is why I hate people looking at the history of the price and say that same thing will happen next year. What you or we can do is to wait for a great news to come out about the market then we can expect that people will invest to it and the price will start to increase. So I won't give any time, day, month or year that this will starts to happen.
I really agree with you that no one can predict the bitcoin price movement. That is the impossible because bitcoins are so easily influenced by the variety. Bitcoin will increase when it gets positive news sentiment and will decrease when it gets the pressure of negarive news. I have seen the crypto market over the past few years and I am confident that the demand factor is also a decisive factor in bitcoin pricing. So if we want to see a much better bitcoin price then we should use bitcoin more often. This is because more and more people are using bitcoin so can bitcoin pump realistically.