I love crypto world and I`m supporter of bitcoin, so I want bitcoin to be more stable than before, based on my personal experience bitcoin price is multify in every year so, may I ask to anyone here who knows that bitcoin price will reach the higher price again.
I think many bitcoin user choose to hold their bitcoin instead of use it to their personal needs so bitcoin price is decreasing.
now one knows mate when will be the growth rate of bitcoin goes up and reach the ATH 'cuase the market is very unpredictable due to the volatility of price time on time. And actually if price reach the higher value it means there's a mass adoption in the market and if the price is decreasing for sure there's a panic selling or any negative issues with bitcoin. that's why we have no idea nowadays where the price will go because the price always fluctuate.
Yeah, as no one is a soothsayer here. We can only stick and work with whatever the market gives us at the end of the day. Everything is based on whatever ends up happening in the market, be it negative or positive and so far it seems bitcoin is just being punched down every now and then for a while now but that does not mean the downtrend will not be over at some point and we will see glorious months as time comes but it takes time.
Do we all even have any other choice than to wait ? Market cannot be predicted and we can only play along based on indicators and some analysis even as traders, but we cannot say exactly what can happen, but maybe the whales do, I cannot say. However, no trend lasts forever and as long as bitcoin market and crypto market in general is not dead, then I do not see it happening which I believe the condition of death does not even sound more like it.