Its bull run sign
What is your suggestion
Satoshi designed Bitcoin such that it follows a positive and negative slope. When more people trade bitcoin the price increase and when there is a decline in traders the price reduces. That is the reason behind the increase in price when a billionaire purchase huge amount of bitcoin, and a decrease in price if an exchange is hacked and lots of bitcoin is removed.Energy price and number of miners are changing every second also traders are buying or selling some BTC so price will not be stable.
Don't you oversimplify things , especially exchange hacked .he increase in price when a billionaire purchase huge amount of bitcoin, and a decrease in price if an exchange is hacked and lots of bitcoin is removed.
What do you expect the hackers to do after a successful hack on an exchange? They'll take the funds run it on a mixer and withdraw to cash.Don't you oversimplify things , especially exchange hacked .
How come you so sure that bitcoins are removed
You mean by converting in other coinsby using a mixer
The crypto section where you are posting this thread would not have even existed if bitcoin was stable. It is popular only because of volatility.Its bull run sign
What is your suggestion