How the Price of the Digital Currency BTC Drop by $500 After Passing $12k
In the blink of an eye, something as huge as the price of one of the most popular and most talked about markets on the planet like the digital currency known as the “Bitcoin Suddenly Drops by $500 after Passing $12k.” But how is it possible that the value of this incredible new investment vehicle would suddenly drop to such a low amount?
The amazing thing here is that the currency itself has been increasing in value for over the last two months. The increase of the value is not just due to its high liquidity. The market is actually very liquid in the sense that there are millions of dollars that are in the process of being invested.
The most amazing thing about the fact that the market is now increasing is that there is no limit to how high it can go. If the price of the currency continues to increase then there is a good chance that the market will continue to be at its highest levels ever. And if it were to continue to decrease then there is also a good chance that the market would reach its lowest levels ever.
The amazing fact is that the only thing that could stop it from increasing is the fact that the price of the currency is too low. That means that the demand for this particular investment vehicle is too low.
Supply is the number one factor that drives up the price of any commodity or investment. And the fact that there are so many people investing in the market for the digital currency means that the supply is extremely high.
If the supply is low then the price is likely to increase. And if the supply is high then the price is probably going to decrease.
However, one of the main reasons that the value of the currency dropped this week is because of a massive drop in demand. Because more people are selling their coins there is a drop in supply.
Demand is what drives the value of any asset or currency. If there is a massive increase in demand and supply then the value will go up. However, if there is a massive decrease in supply then the value is going to fall.
Supply and demand are the number one reason that the price of the digital currency dropped by $500 after passing $12k. As I mentioned above that the supply is extremely high. The reason why the supply is so high is because of millions of people investing in the market for this incredible new investment vehicle. If this continues to happen then it is a very safe bet that the value will increase and this is a great time to purchase.