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.
Thanks to the advertisement, bitcoin reached many people in the world. This caused the booming of this market and eventually this innovation will replace our economy in the future. It aims to improve our monetary system and now the market is growing, we are one step closer to the goal. Also thanks to the creators of the videos and blogs that promote and teach the basics of cryptocurrency.