Advertise with us (we do not endorse any site advertised)

Author Topic: What is the current level of BTC demand and how is it affecting the market price  (Read 349 times)

0 Members and 1 Guest are viewing this topic.

Offline harywritesTopic starter

  • Full Member
  • **
  • Joined: Aug 2018
  • Posts: 117
  • Karma: +1/-0
  • HODL!
    • View Profile
The level of BTC demand is high and is increasing. People are talking about buying the dip. With increased mainstream adoption and regulation, speculation and whales aren’t the only ones driving the price. In fact, government regulation drives the price positively, entry of mainstream firms like Telegram (GRAM) and Facebook (Libra) drives the price, even demand from people in developing regions who rely on BTC as a stable income over their national currency drives the price. This in turn ripples to average investors who want to hop onto the bandwagon as they see the price rising. So the current level of BTC demand is higher than before, which makes the price go up steadily.  Says Ethan Ng in an exclusive interview with techbullion.

Offline mlawson71

  • Sr. Member
  • ***
  • Joined: Oct 2019
  • Posts: 286
  • Thanked: 3 times
  • Karma: +2/-0
  • HODL!
    • View Profile
It is? BTC is in freefall.


Goldman Sachs Turned Crypto Fund Manager Updates on Wall St Bitcoin (BTC) Demand

Started by Marvonbitcoin

Replies: 1
Views: 713
Last post June 28, 2018, 12:10:08 PM
Bitcoin Price Analysis - Next Wave of BTC Bulls Could Drive Prices to $6,000

Started by Cryptotradingfx

Replies: 0
Views: 417
Last post February 11, 2019, 01:44:19 PM
by Cryptotradingfx
Bitcoin Price Analysis: BTC/USD, ETH/USD, LTC/USD, XRP/USD

Started by Quiks

Replies: 30
Views: 4487
Last post May 15, 2019, 07:53:50 AM
by Quiks
This Analyst Believes BTC Halving Could Push Price To $55,000

Started by Marvonbitcoin

Replies: 0
Views: 355
Last post April 04, 2019, 01:42:02 PM
by Marvonbitcoin
We lost 43,554 BTC

Started by

Replies: 4
Views: 3956
Last post March 24, 2012, 01:59:09 AM
by dodoking

your ads here