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October 28, 2026, 10:58:17 PM |
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War, pandemic, effects the price in a negative way because it causes huge supply instantly. Corona virus and Iranian and Ukraine war affected Bitcoin price.
Untill the war is reduced, then comes in demand gradually pushing the price upwards until it supersedes supply, that's how new ATH is attained and then the process repeats itself again and again.
The technology is used to study this and not from human understand how many demand or supply available, the sums of everything influences the market.
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