Post
Topic
Board Speculation
Re: Will Bitcoin Always Be in an Uptrend?
by
AnonBitCoiner
on 05/06/2024, 18:19:20 UTC
I don't know about bitcoin when it is first traded on market, but i saw the price history of it when i search it on google and i was surprised because its price is very low on year 2009 it is a cents and now it is thousand of dollar, we can see its price in different status, but it is pointing only up high if we put basis on the year when its first traded on the market till today so even if it is not always uptrend sometimes it is bear season but it always bounce back with more higher.

As time goes the price of Bitcoin is getting more successful and more higher but this all is due to the higher demand which increases as nors people become aware of its success. At the time of its origin nobody was familiar with the reality that it will become so worthy in future that people will utilise it as a source of investment.

Sometimes the price goes so lower like that was in previous years when it was below 26k$ but people take advantage of such a huge dip by buying it at a lower cost, only ignorant people become afraid of dump while all others know better that the pump will possibly occurs after this dump.