Then lastly, For bitcoin price it doesn't work that way if you think of the demand currently the bitcoin total supply is extremely low yet the price dropped to $18k from it previous of $68k. Now tell me was it the low demands or higher supply that causes it?
No, because if i may get it correctly is a season that remains constant that can not be changed in the cryptocurrency market at large that effectualized the trading circle.
Any of you may correct me if i am wrong, although what you said only works in some cases but not with bitcoin entirely
I see that the price of bitcoin today for the first time in a long time exceeded $30,000. Ethereum and some other altcoins are also growing well in price. Is there a visible reason for such a good growth or is it a manifestation of the usual market volatility? Cryptocurrency has been in a bearish period for a year and a half, and this stagnation is already rather tired. I would like to see a continuous price increase.