While people are still speculating as to the many factors that might have contributed to the continuing slide of the Bitcoin price in the marketplace, let's also focus on what are possible developments that can push Bitcoin upwards again. With the seemingly large void of good news, the market can be looking for anything that can be catalyst for the reversal of this ongoing downhill trend. And how can we inspire people to buy more Bitcoin to increase the demand for the coin?
Bitcoin is fine and I think there is no further development needed as of now. Let's wait for the next halving and we know people inspire on having easy profit and invest in the short term. Because they did know Bitcoin at all that it needs for long term investment. When Bitcoin will raise up there are many investors invested, but when it drops they are afraid. Bitcoin now needs massive adoption and more exposure all over the world and I think that's what we need.
However, let's hope that big whales were helping us to pump the market again not just always dumping in the market. In that case, Bitcoin will have a good dominance in the market.