Post
Topic
Board Trading Discussion
Re: Is it possible to calculate how much the price of BTC?
by
tvplus006
on 14/10/2022, 12:06:35 UTC
BTC's circulating supply is now 19 billion million out of the 21 billion million caps...

The only reason why the price of any commodity, including bitcoin, changes is determined by supply and demand. And if buyers refuse to buy bitcoin at the price of 70 thousand dollars, then sellers will reduce the price until this price satisfies the other side. Therefore, it is impossible to accurately predict the value of bitcoin without knowing the general state of the economy by the time BTC reaches Max Supply.