Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's liquidity and volatility
by
Ruttoshi
on 19/08/2024, 07:37:59 UTC
Are saying adoption has a negative impact on Bitcoin? 

No, I'm looking for a discussion around the slides in other markets which cause sell-offs of bitcoin.
It feels like bitcoin is oversold whenever other markets hit a rough patch.
You are guessing and not sure of technology fact. Bitcoin is an asset which demand and supply with other economical factors controls the price and no one can fully understand what makes the price to dip and pump. I know that FUD and FOMO can also contribute to the price movement of bitcoin.

When there is high level of inflation, it most affect the price of bitcoin because investors might sell part of their bitcoin for other purposes and new investors might not have enough funds to invest in bitcoin which will make the price dump. You should also know that currently bitcoin is one of the best asset that gives high profit in the long run than any other asset.