I think it is a temporary price for bitcoin. Very soon will be bitcoin halving and it will definitely increase the price for cryptocurrencies.
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I dont understand how people believed that rich people aka whales are not buying bitcoins, they have been steadily buying bitcoins on the dibs and lower price always encourages them to buy more. @FaMouS8828 Bitcoin halving effects should kick in coming months, and hopefully it will give bitcoins prices a much needed boost.