Three economic signals that indicate that Bitcoin will see an increase

[bitgolden]

In order for people to move towards bitcoin you have to have these people actually seeing bitcoin as a savior and not something they have no idea about. Which means you have to create some sort of public awareness for bitcoin and that is just not there at the moment.

Definitely, it could get affected a bit, sure it will be affected by whole lot on the next one when people see what happened to it on this time, but it is just not there for right now. Could it work a bit? Sure it could work for a bit, but that would bring the price up to 10k at the best case scenario and not to a whole different level, it is not going towards that all time high price that has been elusive for so long. Long story short we are still doing alright, but we are not doing alright by THAT much.

[criza]

Yes, people see the dump in Bitcoin's price as negative and has panic selling their stocks but, for me, I see it also as an opportunity for investors to buy a lot of stock of Bitcoin that would be great for the standing of Bitcoin because, it will mean a lower supply that will cause a higher demand for the coin. Greater things happens we least expect it, we should trust Bitcoin because, the halving event would surely affect its supply. Bitcoin has a great future.

[adaseb]

I started to frequent alot of stock forums and the general consensus is that most people are only looking to buy "cheap" stocks. Basically if a stock was $100, and now is $75, they aren't interested in it. Most are looking to buy hotel, restaurant, airline, oil stocks which are trading below 50% of their ATH value.

So with bitcoin its the same. People will see how it was $10K back in Feb 2020 and they will see it at $6.5K now and assume its too expensive and wait until it goes maybe to $4k or below. Seems people are only looking for deals and want 100% profits instead of 20% profits like during the bull markets we had earlier.