I believe price depends on demand and supply . The more demand with low supply results more higher price and vice versa. Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?
The biggest demand for Bitcoin right now is store of value. Growth of price makes it raise even higher. Price will rise much higher when countries will start buying in.
I think so, man. If countries start buying and adopting bitcoin, then prices will jump very high. I am the case that the country will buy a lot of bitcoin, given the very limited bitcoin preparation, which creates a very high price if this happens.