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❕NEWS How Bitcoin Could Possibly Rally in 2021

microunit

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Some experts says that bitcoin is probably preparing for a rally in 2021. Experts says that one of the factors is the bitcoin supply activity
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As there are lower supply activity or bitcoin movement in the latter years this suggested that more and more people are hodling the said currency. And this also displays the lack of willingness of the bitcoin investors to sell their BTC
 
Don't you think the unwillingness to sell bitcoin is a good thing as it will help the price of bitcoin to rise more and more? Than when it is in excess supply
 
Many people are holding bitcoin because they want it to rise to a higher price before they sell off their bitcoin but there is possibility that some people may loose because if the price rises and people rush to sell it will still drop when some try to sell theirs because of supply and demand forces.
 
Many people are holding bitcoin because they want it to rise to a higher price before they sell off their bitcoin but there is possibility that some people may loose because if the price rises and people rush to sell it will still drop when some try to sell theirs because of supply and demand forces.
Those who held their own bitcoin for a long time stands more chance of maximizing their profit when the price rises than those that bought when the price is low

The unwillingness to trade bitcoin is not a bad thing to do but sometimes in waiting for price to rise ? you will end up losing the initial amount when it drops
You may lose the initial amount when it drops but this happens for a while, once the price rises again you are back to the business with higher profit this it is a case of patience
 
The unwillingness to trade bitcoin is not a bad thing to do but sometimes in waiting for price to rise ? you will end up losing the initial amount when it drops
well yeah not willing to sell or hodling bitcoin sure will help in raising its price, but if it do falls you will not really lose anything unless you sell it at that time
 

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