I am wishing that we stay at the current price for an entire year. The only way that anyone that isn't rich can make a good portfolio of crypto, is if Bitcoin remains cheap. If it starts going up, it will be too hard to get 1 BTC. Right now with hard work and dedication, you can make 1 BTC almost monthly, in the future, the average joes like me will not be able to make 1 BTC a month anymore, this is fatal against the plan of having 2 figures in your BTC wallet (as in xx BTC, or at least 10..)
That is very good thought. Wall Street financial companies are not aware of the potential of bitcoin. So we are lucky to have these low prices. If the pension funds are fully aware of the potential of bitcoin, the price of bitcoin will be in hundreds of thousands. Average Joe will not be able to get hold of one bitcoin.
They are aware of it, but watching how bitcoin is getting developed. A little while ago they had a bitcoin fund for the nasdaq. Right now most of they see it as monopoly money.
But we made a great step since last year. More merchants accept it and with the upcoming holidays it's fair to say more people will buying btc and using it, which makes it a step closer to adoption.
This sentiment makes me believe the bitcoin price will go up.