Supply and demand is certainly the key here as demand is increasing globally, especially in countries with a poor economy. And bitcoin is deflationary, not enough coins minted, with less being produced after each halving event
if the time comes that bitcoin is still the major coin,the price will be better due to the demand in the market internationally. Once the government of major countries accepts the use of cryptocurrency it will be the next big thing.
Big countries are hard to convince because they also have interests, they have banks to protect which is the opposite of crypto since we are
decentralized here. Everyone should continue promoting crypto, educating people so the government will see that we are still supporting despite
our bad image to some who does not fully understand what crypto is for.
The proper regulation will lead to adoption and i think in time we can achieve that with our government being positive with crypto, and when
big countries adopt, everything will follow and we will have a constant growth.