I've been watching and monitoring bitcoin for close to 3 or 4 years and I can say this year has been the best year for the crypto and all the investors in the market, firstly, the coin witnessed unpredicted increase in value this year more than any other year before.
I know that the value is based on the principle of demand and supply but I'd like to know what else contributed to the price value and the popularity bitcoin has right now globally.
In my own understanding the rise of bitcoin is pull by the factor of innovation and change. As the time goes by many technology make the life of the people to be more comfortable and much easier. And now it's the time for the FIAT to be change or innovate to new one. This way people are encouraged to be a part of btc as the first step on the currency change.