This will happen for now because of some reasons I want to highlight here.

1. Bitcoin transaction fee with using its ATM is high and many will rather consider the comfort from their mobile device than using the ATM machine for making a transaction.

2. We can also consider the adoption and regulations over bitcoin and crypto at large by some countries as one of the major determining factors hindering the demand for the use of bitcoin ATM as some may require government approval before installation and do on, but only for countries like El-Salvador and others where Bitcoin is being supported by the government may have increasing demands on the use of bitcoin ATM.

Speaking of adoption then this is something that would really be that increasing as years passing by specially now that we are heading into the bull run then it would be understandable on why there would really be those numbers increasing on which this isnt really just that limited on ATM's alone but also in other aspect as well. People who do have that experienced those other cycles or run in the past on which hype is really that on the rooftop or lets say that euphoria is on then everything would really be that looking increasing. This is why its not really that shocking that everything would really be that looking positive.
Also, if these ATM's are increasing in number then its a good news for us specially to those who do make use of those machines on buying up coins.

Somehow, if we do speak about into those fees which these ATM's are really that having then i would really be rather preferring on using up on p2p on exchanges. 

The US and Canada have always dominated the total number of crypto ATMs, and even if something has changed a little in that percentage, it still doesn't mean much for the rest of the world. Some countries in the EU have a significant number of such devices, while some others have only a few, which only shows that the interest in such a way of selling/buying cryptocurrencies is quite different.

Even more fascinating to me is the fact (coinatmradar) that crypto ATMs exist (for now) in only 70 countries in the world, which is approximately 30% of all countries in the world.

Even though Bitcoin ATMs is bad in everything, but surprisingly the demand is high, if the demand isn't high, why these people want to invest their money to build Bitcoin ATMs, isn't?

If people want to trade without KYC, it can be done using ATMs, but using decentralized exchange or No KYC P2P is much better, you will get better rate, lower fees and you don't have to go outside.

I feel like Bitcoin ATMs is only to get experience like using bank ATMs.

That can be done only in the countries bitcoin and other Cryptocurrencies. And if the ATM machines were declined in year 2023 In July from 39,541 to 32,471 then it was because of the bitcoin dip in 2022 and increase in 11 months interval again and then again it is because of the increase in price on bitcoin. Bitcoin started it increased signal from September 2023 so in this period investors have interest to build more and that is the business strategy.
Investors must be calculative.

This used to be the case for smaller amounts, but it's worth noting that in the past few years, a lot of them have started to force their users to go through a KYC process for literally any amount and I expect this to spread even further ^{[unfortunately]}.

BTW, does anybody know how to verify the number of closed BTMs independently?
^{- I wonder if not being operational for a few days would count as a closed BTM or not.}

If the number of installed ATM machines increases, that is a good sign for other people to see and have curiosity if they see that there are crypto communities withdrawing because of Bitcoin or cryptocurrency. But the question is, are there really many crypto users who use that ATM?

Maybe later there will be many ATM machines installed, but only a few users will use them. Here in our country, it doesn't seem to have been increased or maybe even removed because I don't hear any news about the Bitcoin ATM machine in our country.

And with that, can we say as well the there is a connection between the rise and fall of Bitcoin ATM around the world, as it could be that in bearish cycle, there is a decline and some of them closes and when we are in a bull run, the numbers go up as well?

I don't see that the government is trying to limit Bitcoin growth, it's already a given fact that some countries are authoritative and doesn't want to give their people freedom, hence they are anti-Bitcoin.

What is good though is that there are still a lot of countries that is in the grey area, meaning it is not legal but at the same time not illegal as well and so that could be the difference that we are seeing in terms of growth and adoption.

Well, it doesn't matter if they have a shortcoming, but it is usually the choice of individuals to use Bitcoin or another crypto ATM in the country where it is launched, as long as it is helping them to acquire the bitcoin and the crypto they want. I saw some posts about people who have been using Bitcoin ATMs, and the fees they charge for every transaction are usually so high that some people don't like to use them too. Anyway, it is good news that the Bitcoin ATM is increasing. It is for the good.

Who uses ATMs for making transactions? An ATM is supposed to be used to get cash, which means that if you are using a Bitcoin ATM, you are converting your Bitcoin into your local currency, the fees might be high for that but it serves the purpose for people who might not want to go through the longer process of first using a P2P service to get money and then using a traditional ATM to get their money.


Less adoption might be a bigger issue because, in a place where not a lot of people use or know Bitcoin, there is no point in installing a Bitcoin ATM since it wouldn't get used a lot. And, as far as I know, for a service to install a Bitcoin ATM in a country, the country doesn't specifically have to have Bitcoin as a legal tender, if it's not illegal or banned and is regulated, it can be done.