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?
I think more adoption and a lot of countries accept it. Maybe with that, demand of bitcoin can be increased and it can really affected on bitcoin price itself. Because i think nothing else that can help bitcoin rise, if bitcoin can be used in a lot of aspect without any problem, it can be very good and make price increased easily.
More adoption will come if there's a significant factor that can give bitcoins a positive output but as per these moment nothing actually can brought up the phase since bitcoin still link on scam activities, Maybe if there's a adoption of big companies then maybe little by little we can see an increase of users and hope this adoption could lift out the ban on countries who forbidden there citizens to use it. But for now the only thing I see to lift the price up is the halving.