🔍 Why is the price of $BTC rising despite economic pressures? A simplified analysis for beginners
Over the past few months, many new traders have noticed that the price of Bitcoin $BTC has started to rise again, despite global economic crises and fluctuations in U.S. interest rates.
So what's the secret? And why doesn't Bitcoin get negatively affected as stocks do?
🔍 1. Bitcoin is a rare asset
Unlike fiat currencies, the number of Bitcoin units is limited to only 21 million. This makes it similar to gold in terms of rarity; as demand increases, supply decreases, causing the price to rise.
💵 2. Inflation and seeking alternatives
When central banks start printing money excessively, the value of local currencies decreases. Therefore, many investors turn to Bitcoin as a means of preserving value.
🌍 3. Institutional trust
In recent years, global investment funds have begun to enter the crypto market. As institutions increase, so does liquidity and trust, leading to a price increase.
📊 4. Technical analysis indicates an upward wave
Analysts believe that Bitcoin has exited a long “accumulation” zone, which is usually followed by a strong rise according to models like the cup and handle or double bottom.
✅ Conclusion:
Bitcoin is not just a digital currency; it is a rare digital asset influenced by global supply and demand.
If you are thinking about entering the market, don't forget that education is the first step, and trading without knowledge is a significant risk.