Post
Topic
Board Speculation
Re: What is the story of bitcoin prices so low?
by
jaberwock
on 02/04/2025, 20:38:40 UTC
The story is just that some weak hands are still in the market and they are the ones always selling when there is any bad news about the market or other market too that is not cryptocurrency because I noticed that right now all news is affecting the market. When there is a war related news, it affects the market, the same thing with political news and I think all this happening because we now have institutional investors fully in the market. But let us not be concerned about the market falling because it is normal in the market that the price of Bitcoin is always falling and rising. Not many people are also showing big interest because the market has not gotten to the stage of people being afraid of missing out of investing in Bitcoin, we still have lots of time.
Even though some finally leaves, there will then be another weak hands that will enter but the good news is that they are not always the cause of the drop and they can even have a less impact since I believe the number of strong hand users are much than them. Political news right now is not just a simple political news because many politicians are now involved in crypto. Actually, lots of people have FOMO'ed already in BTC after finding out its true potential, though maybe there are also lots left that are not yet here. Time is running, so I won't slouch if I were them.