Why the price of Bitcoin is still down?
The price of Bitcoin is still down because it was cause by FUD together with all the traditional markets out there. Even if there is physical evidence that adoption had increased because of promoting contactless payments to the affected countries it is still not enough to push the price up back to its normal range since new demand or an increase in it couldn't make it recover to what is currently happening to us now. Also don't believe in the crypto news websites you are seeing about Bitcoin being the main option for these countries as their contactless payments. Countries like Iran are using credit cards and debit cards when they say contactless payments and Bitcoin wasn't even one of the ideal options for them.