This saga of BTC price has no hope for the next Six months, the market cap has shown 70% of possibility price deepening continuing without reversing. This is because a good number of BTC has been taken from the system and no further reliable investment coming in to the system.
If I understand correctly, you mean that the price will go down because there is not enough BTC in the "system" for trading? Fewer available BTC on the market with the increased demand that has been evident since the beginning of this year should have quite the opposite effects to those you describe.
BTC will continues going down if the major shareholders did not turn up to increase the strength and volume of BTC , BBC market news shows that the number of people trading bitcoin in 2020-2023 has drastically reduced compared to 2013-2015 figures, that if this continues BTC will suffer insufficient pumps.
Just listen to what they write and say on the mainstream media and everything will be fine
- it seems that their "experts" have some bigger problems with mathematics, because it is stupid to say that 10 years ago more people traded Bitcoin than today.If the system continue suffering price creeping, am afraid BTC may end up into another revolution of losses.
You are obviously still under the impression of what happened 1 or 2 years ago, so you don't understand that losses are an integral part of trading on every market. In addition, Bitcoin has grown by more than 50% compared to the bottom (below $16k), and you are talking about some kind of "price creeping" - first you need to look at the real data, and then draw conclusions.