In the recent days the price of Bitcoin has been fluctuating going up and down and now the price is down alittle which sit at $21k at the time of writing. But despite the down in price will the demand increase or decrease?

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To me I believe the demand should increase as there is slump in price of Bitcoin. As the price decrease it gives us the opportunity to accumulate more coin to our portfolio. This is the best period to make use of Dollar Cost Averaging in which you buy bit by bit that is dividing the total money into different portion and buying at different interval. And this gives us the opportunity to have more coin and when the bull market comes we would be able to take our profit.

There are many countries and companies who are making use and associated themselves with crypto and making use of it to do transaction and this will increase the adoption and this can make the price to increase and make it to be in high demand.

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