Post
Topic
Board Economics
Re: Supply and demand curve analysis, why Bitcoin does or does not change price.
by
Onetogo
on 02/06/2019, 11:35:21 UTC
https://i.ibb.co/HxhKbGh/figure-1-2.png


The global picture is almost the same as yesterday, but this one might be interesting for day (hour) traders. Currently, the demand curve is far more inelastic than the supply curve. It seems currently there is a favor in demand for bitcoin. We might see the price go up if the ratio stays the same in the next couple of hours.