Thread: Why Bitcoin price is so high?
#1
Bitcoin price cannot be compared with others because it has own history how the price can improve. The price of Bitcoin can be so high because of its ATH in 2017. The price after the ATH still survives at the high rates, so we can see it untill now.
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#2
The halving caused a decrease in the supply rate of the coin. With this, the rate of demand relative to the rate of supply has undoubtedly increased. And with that, the price also increases.
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