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.
I think the increase in the price value of Bitcoin which we see today crossing the $30k resistance is a slight result of what we stand to experience after next year's halving. Because 2022 was indeed a long bearish period for the Bitcoin market, of which this year & next we should hope to see the opposite (i.e A long consistent bull market period), because today makes it 11 months now since last the price of Bitcoin was worth $30k per BTC (i.e 16th May 2022).
I never realized that my stash of unused gift cards was actually my own personal circulating supply. Maybe I can finally pay off my student loans with those Target and Starbucks cards.
So please can you stop spamming the forum, because what you just said above totally has nothing to do with the topic of discussion, or neither are you reacting to any comments