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.
Don't ask will.....
when !
Indeed, nice reply. If we ask will that means we are doubting the possibility of Bitcoin to reach that price.
We all know how potential this coin is, it will surely reach that high but we need bigger adoption to increase the demand and it will certainly take time.
This is what I will like everyone to also keep in mind that bitcoin has the potential of growing up to that value, but the time it will successful grab that value is what everyone cannot predict. That value needs very high fundamentals to make it happen, we need the marketcap to multiply by almost x16 of the current market value.
This is the reason why we have to continue to have patience in BTC and not see our investment now as something that will get us rich quickly, we need to continue watch the rice grow and continue to flow with the market too with our own usage and as time goes one, BTC will stabilize on the value and also will be sustained.