Bitcoin price has stratospherically risen leaving minor players with massive gains and bigger players millionaires. Is this a bubble? Are the gains real?
Base on my research bitcoin supply is limited only for 21million and i see that 16million-17million plus is already mined by miners so if the bitcoin reach the supply of 21 million the bitcoin price will go increase much more because the demand is high.
Its actually because of demand this year bitcoin demand go very high and still some companies and people are trying to join so there is no doubt when demand of anything goes high so its price go high automatically and it happen with bitcoin because bitcoin is a good currency to use and the main thing about bitcoin is that its provide a lot of good opportunity for earning thats why people are joining bitcoin so bitcoin is all in one.
Yes, with limited supply of bitcoin and high level of bitcoin demand in crypto market will certainly have an impact on current price increases. And it is very realistic that bitcoin prices will reach high prices as bitcoin users continue to grow and with increasing popularity will have an impact on the progress of bitcoin that is happening at this time growing rapidly this year.