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Bitcoin BTC: Is The 4 Year Cycle ENDING? - Don't Get TRAPPED!The Bitcoin price is defined by supply and demand. When there is more demand for Bitcoin, the price goes up. When there is less demand, the price goes down. The value of cryptocurrency is determined by supply and demand, just like anything else that people want. If demand increases faster than supply, the price goes. The market sets the price of bitcoin as same as Gold, Oil, Sugar, Grains, etc. is determined.
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