Bitcoin is seen as a currency that is not regulated by any institute. It does not generate any revenue and therefore, has a zero minimal value. What then brings about its value and drives it as well?
Same us other things that has value, bitcoin's value really depends on the supply and demand of the market. Adoption of the public to bitcoin determines its value. We know that bitcoin has a limited supply of 21M and as we are closing to those limits the difficulty of mining one will increase and its value will increase as well depends on the demand. That is why I'm very positive that bitcoin's value will really increase 2-3 years from now because of those things. Supply limit and difficulty in mining btc will really affect the value of bitcoin in the long run.