Bitcoin the king of the crypto market is now in the longest bear market in bitcoin history. Many people now believe that Bitcoin will never able to reach its all-time high ($20.000). On the other hand, many traders and analysts predicate that Bitcoin will surpass the $100,000 milestone in the net bull run. Please share your views what are the key factors of the next bull run and will fuel the price above $100,000. I am a believer of Bitcoin and believes that in the next 5 years Bitcoin will be accepted by most of the big firms.
As for me, I don't care that much if Bitcoin can never be able to reach the $100K level within some years. Of course, if it does then we have to be happy for it but it will not then we should learn not to anymore connect its real value to the current price. Massive speculation can push the price so high but we prefer massive adoption for Bitcoin. And we need more and more merchants as well as consumers who are accepting and using Bitcoin for everyday business. The more that people are predicting that it can go sky-high the more that Bitcoin holders will continue not to use their Bitcoin to buy products or services.