The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
Out of 100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon.
What do you think?
It is not entirely true that this year the price of bitcoin will definitely not increase.
Repeatedly at every opportunity we often hear that going up and down is a normal thing to happen.
The situation from May to today's Bitcoin price is indeed experiencing a decline from $ 30k.
You don't need to worry if the index movement says that this year it won't go up, but you have to think about what will happen with the current total supply which has reached around 92%.
How much have we saved Bitcoin when Bitcoin experienced scarcity.