Hey all, I was just wondering your opinions on whether bitcoin has hit its peak already at around $20,000 or if you think it will break even higher in the future? I know theres been bitcoin retraces of up to 80% before before it has risen a load again but Im not sure that bitcoin hasnt got the functionality that the price suggests.
The highest peak price of the bitcoin is not yet hit and I think it will reach more all-time high before hitting the peak. But it will take more years before bitcoin reach its peak. The $20k last year can be surpass if bitcoin begin it s bullrun again but it is hard to predict when will that happen again. Bitcoin is capable to go beyond that $20k level but it will depend on factors that may come along the way.