we're at $770... $1000 coming soon.
Is it time to start seriously talking about $5000 BTC in the next 3 years?
That will happen if all countries will adopt bitcoin. Massive adoption of bitcoin means massive increase of the price of bitcoin. The problem is some countries denied adoption of bitcoin. This is the hindrance that bitcoin is facing right now because governments are against to bitcoin. 3 years is too short to reach that price. Maybe 5-7 years i guess. We havent reach $1000 yet. Maybe it takes a lot of time to make it to $5000.