Post
Topic
Board Speculation
Re: The BTC deep continues for the next SIX Months.
by
yhiaali3
on 05/03/2023, 02:26:48 UTC
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.
I do not understand how removing a large number of BTC from the system, as you say, leads to a decrease in the price. The exact opposite is supposed to happen according to market law, because a decrease in supply will inevitably lead to an increase in demand!!! This is an axiom known to all!!!

I see that not everyone agrees with you on this analysis, and the majority, on the contrary, support the rise of Bitcoin in the next six months, which is closest to reality and logic.