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❕NEWS There is a major increase in bitcoin purchases happening over the counter

AudraMiller

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At the current price that bitcoin is at, one would expect that the number of people that buying bitcoin will be quite low, as the high prices may deter people from investing. In fact it is always best to wait for a price reduction before buying crypto. However, this does not seem to be the case. A recent article that was published on Coindesk has shown that the number of purchases of bitcoin over the counter has risen steeply. The possible reason for this purchase of bitcoin over the counter is to try and reduce the impact that this has on the crypto exchanges and the market for the bitcoin currency. According to the CIO at coindesk this shows that there are new investors that are trying to buy into the crypto investment market and are doing so consistently.
 
This is an indication that people , especially Institutions are still confident in Bitcoin hitting a higher price this year. This is why they are investing even in the high price
 
well, seems like things didn't go smooth as everyone who invested thought, price now isn't any good and it's not any stable either, but let's hope that Bitcoin will jump again like usual
 
The price of Bitcoin decreasing now days so people taking advantage of this. They want to investment in Bitcoin because they are hoping it will be increased after sometime and they get profit.
 
From the looks of things people are no longer bothered about the high price of BTC, they are out to buy theirs believing the price will still go up for them to make their own profit
 

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