We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.
I would definitely prefer on this way rather seeing a volatility spiking up $10k to 20k in a short span of time. Gradual increase and less volatility would be much preferred and
might be considered to be adopted my merchants or any other institution but I doubt situation would be just be the same when it comes to volatility since the demand had
increased.This do only have the problem with scability.