People on youtube are saying the current market is being manipulated by the deep state. They are trying to control the market, the same as they did with gold and silver. Trying to get the weak hands to sell so the rich institutions can buy it up on the cheap. They don't loads of new millionaires who don't need to work or rely on the system being created.

There doesn't seem to be an end in sight and as investing in bitcoin and crypto is really addictive, time consuming, fun, energy sapping, exciting and distracting this is the perfect time to switch off for a bit. And its been quite nice not to have everything crypto running in the background of my mind all the time.

1. The 21 Million Protocol

There is an assumption circulating among miners and bitcoin users that the number of bitcoin around the world is limited to 21 million and is not expected to increase when it is reached.

Did you know that at this point approximately 13.25 million Bitcoin is already on the market. And according to expert estimates, by 2022 that number will touch the number 19 million Bitcoin.

In my imagination, the limits of the numbers and the degree of difficulty facing miners can be regarded as one of Bitcoin's fundamental ornaments.

2. Request and Offer

When it comes to stocks, the law of demand and supply becomes a technical measuring tool embodied in the form of charts. Of course it also applies when we are trading bitcoin, but let's look at it from a different side.

Ngomongin about the demand, it turns out the increasing number of years. Even when Bitcoin was born, eBay and Paypal had agreed to use Bitcoin in 2009. From my point of view, the two giants see the potential for Bitcoin to grow.

A fundamental assumption!

Another story about the offer, let's imagine as an individual who is holding bitcoin. I want to ask,

"Are you rushing to use bitcoin for financial transactions?"

"Are you reluctant to linger with bitcoin?"

In the end, people will tend to think of this bitcoin as gold. More want to be saved than transacted, but still there are transactions because some merchants only want to accept bitcoin.

Again in my view, the individual's attitude will keep the bitcoin exchange rate from collapsing in no time. Although there is a time dropped dramatically, and it is very dependent on rumors circulating in the market as when the news appeared closing Bitcoin Exchange in China a month ago.