Rupok
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March 21, 2023, 08:32:56 AM |
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I don't think that the demand for Bitcoin is decreasing. We think that with the decrease in the price of Bitcoin the investors are decreasing,this is a wrong concept.Because there are many investors who are now buying and holding Bitcoin. However, some investors do not want to take risks considering the market conditions.We panic when we see the price drop but there is no less demand for Bitcoin in the market we see the price around 25-28k$ which is already very high.Bitcoin has already risen in price, investors will surely be more interested. The demand for Bitcoin will surely increase if it is legalized among all countries.
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tjtonmoy
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March 21, 2023, 08:33:56 AM |
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Bitcoin will remain bitcoin even stronger and better
It's unfortunate that some governments and entrepreneurs still view bitcoin as a threat to their power and control over financial systems. But as more people become educated about the benefits of bitcoin and as the technology continues to improve, I believe that it is just a matter of time before those same governments will beg to adapt to BTC. Also. It's clear that bitcoin is here to stay and will only get stronger with time. It all about waiting game. And price change, low demand, FUD they are all common. Just zoom out the price chart to see the bigger picture.
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worle1bm
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March 21, 2023, 08:53:34 AM |
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The price movement has been slightly low which is normal but if you have observed them in few weeks then clear indication is there were some pumps which has moved it to $27k so is it showing decline in demand in any way? The investment will continue to rise in long run because banking system are collapsing so more people would move to btc market to gain profits and be safe so just hold it patiently.
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KiaKia
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March 21, 2023, 09:08:00 AM |
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Bitcoin price can never be stable, even if the chart is showing pump signs, there will be corrections and there will be consolidations, this is a normal movement for Bitcoin price action, if shows how new you are to Bitcoin Mr. Godlovesyou, make sure you do your research on Bitcoin price actions, it is a volatile digital currency and the best there is.
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yazher
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March 21, 2023, 09:16:10 AM |
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I'm not sure what the op means about a low demand for Bitcoin and Bitcoin price getting lower. It's clearly getting higher and higher, and it's happening pretty fast. It also means that Bitcoin is in high demand, as that's what leads to the price growing over time. I don't think the reason why Bitcoin is growing is clear. It might be because of the banks in the US, or maybe Bitcoin just stayed low for too long and it's finally building up toward a proper bull run, which happens from time to time regardless of external economic or political factors.
I think the OP concluded a minor event as a whole as happening and little he did know about the situation of the crypto market and maybe he didn't know that the price will fastly recover after just a sudden decline of the price. If you are a newbie and you don't know the volatility of the market, you seem to be confused but if you get used to it, you will know that situations like that are normal and there's really nothing to be worried about. Bitcoin price will continue to rise and fall from time to time and those who will panic won't really get to where they want to be in their bitcoin investment, that's why it's really recommended not to focus on the market while you waiting for the price to increase because it will ruin your peace of mind.
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Jody.Drummer
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March 21, 2023, 09:21:07 AM |
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The current condition of bitcoin is in a positive trend even though it hasn't fully improved as a whole how can it be called low because of course because the increase in bitcoin occurs then of course the demand is greater. It should be realized that when bitcoin is growing, it is based on increasing demand so that the price is also getting bigger. Talking about the government, we can't expect too much with bitcoin especially in terms of the current conditions it is clear that they are against even though at the moment there are some who accept but that is only a small part of the whole.
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FahriZah
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March 21, 2023, 09:51:28 AM |
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We Know About Bitcoin And Crypto Currency Sectors How To Working It And How To Growth The Bitcoin Price Actually Many Many New People’s Are Thinking About Bitcoin Price In Future Not Demands And Previously Make All Time High ( ATH) That's Why Bitcoin Again Can,t Go Like Provirus Price Actually This Types Of Thinking Totally Wrong And It's Not Good Thinking.When I Seen Crypto Price At 2014-2015 Than 1 Bitcoin = Upto $800 And 2018 One Bitcoin Go So Far Like Upto $19k And Again Market Dumping I Mean Bear Market START Than Price Below Come Down At $4k - $5k Actually That Is A Market Crash And Bitcoin Agaib Hit 2021-2022 Near $70k It’s So Far And We Hope Again START Bull Market Very Soon And We Can See Easily Bitcoin $70k - $100k Within 2025 And Low Demands As Bitcoin Declined In Price Thanks.
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pawel7777
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March 21, 2023, 09:28:53 PM |
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Bitcoin price can never be stable, even if the chart is showing pump signs, there will be corrections and there will be consolidations, this is a normal movement for Bitcoin price action,
Why can't it be stable exactly? Sure, it'll never lock at a certain price forever and there will always be some price action. Still, it's somewhat expected that Bitcoin will become less volatile upon reaching its maximum adoption. I expect it at, some point, to achieve stability similar to the gold market.
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StarKay
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We All Can Make It
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March 22, 2023, 02:47:24 AM |
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I think @OP is not pro Bitcoin and the way I see his thread, he is reminding us to be careful in dealing with Bitcoin because it will burst one day just like the Tulip Bubble. There had been lots of topic and conversation of Bitcoin being a bubble but until now they are proven to be wrong by Bitcoin market. We can look at the performance of Bitcoin market, it may be highly volatile but in its every cycle, for more than 10 years, it always recover every crash and break its recorded ATH every cycle.
Bitcoin with the current increase in price couldn't be considered in low demand. Just like pawel7777 stated, when there is an increase of price, demand outweigh the supply and that means there is low supply and bigger demand.
The OP is likely pro bitcoin based on his later comment that he expects BTC to be stronger and better with time. I just don't know where the OP gets his stats about low demand for BTC from. The price of BTC is rising at the moment and basic economics teaches us that increase in demand for commodity drives prices higher, so I can say that we are actually experiencing higher demand for BTC presently.
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borovichok
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March 22, 2023, 06:05:49 AM |
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The current condition of bitcoin is in a positive trend even though it hasn't fully improved as a whole how can it be called low because of course because the increase in bitcoin occurs then of course the demand is greater. It should be realized that when bitcoin is growing, it is based on increasing demand so that the price is also getting bigger. Talking about the government, we can't expect too much with bitcoin especially in terms of the current conditions it is clear that they are against even though at the moment there are some who accept but that is only a small part of the whole.
A rise in demand will cause a bullish uptrend in the Bitcoin charts. I am aware that it is a ruse to get traders to believe that the bull market has begun, despite the market flashing some green candles. Although I can't say for sure, with Gold, it's either a green long candle today and a red bearish candle tomorrow. I'm adjusting to it circulate in either bull or bear. The same thing holds true for Bitcoin. The government is working tirelessly to delegitimize the project, but because it is a leading coin in its field, it resists and no one can stop it from existing.
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Jody.Drummer
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March 22, 2023, 03:11:12 PM |
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The current condition of bitcoin is in a positive trend even though it hasn't fully improved as a whole how can it be called low because of course because the increase in bitcoin occurs then of course the demand is greater. It should be realized that when bitcoin is growing, it is based on increasing demand so that the price is also getting bigger. Talking about the government, we can't expect too much with bitcoin especially in terms of the current conditions it is clear that they are against even though at the moment there are some who accept but that is only a small part of the whole.
A rise in demand will cause a bullish uptrend in the Bitcoin charts. I am aware that it is a ruse to get traders to believe that the bull market has begun, despite the market flashing some green candles. Although I can't say for sure, with Gold, it's either a green long candle today and a red bearish candle tomorrow. I'm adjusting to it circulate in either bull or bear. The same thing holds true for Bitcoin. The government is working tirelessly to delegitimize the project, but because it is a leading coin in its field, it resists and no one can stop it from existing. That's right, that appearing of a green candle does not mean the bull market is about to start, it could just reverse, as you said today appearing of a green candle, tomorrow could be a long red candle. I don't really think about it that much, because I have my own analysis of when bitcoin will start its bull market. Usually in these circumstances some people will take advantage, if they buy bitcoin at the lowest price and they will wait for the right time to re-enter the market.
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