The price is falling right now but it doesn't mean that Bitcon became less popular. People are just scared of those red days and keep on selling.
Many reason's for this downfall of price but once demand increase price does. Yes scared to invest and do panic selling. It could creates more profit when people more hopes and believes in bitcoin.
Yes, I agree with you. Falling price doesnt mean it was less popular. The price of bitcoin is volatile so it always fluctuates and people are just panicking and keeps selling their bitcoin. But to gain more profit people should not panicked and believes in bitcoin. The more people believes in bitcoin the more people will be attracted to it then more profit can come.
The price of bitcoin is rising day by day but also crashing multiple times within a month due to its demand and its demand is just due to the benefits which bitcoin is giving to the people.
The use of bitcoin is rising within seconds but its amount is fixed because it is a currency.
As more and more people daily come to know about bitcoin and start using it, it is one of the biggest factors due to which its price is increasing and thus it is benefiting the bitcoin holders.