When it comes to the price of any cryptocurrency it is a very important Factor to take into account how many people are selling a certain coin and how many people are potentially buying bitcoin as well. This to a large extent determines the price of the coin because of the fact that cryptocurrency is based on a decentralized network and therefore the laws of supply and demand are actually very prominent within the currency. In a recent analysis that was made by crypto currency analysts it seems that the sell-off portion of Bitcoin is actually closing off now and according to the supply chain it seems that people are more to moving towards the accumulation stage in which they will purchase a lot of Bitcoin in order to increase their investment. This could potentially help the Bitcoin price moving forward.