Post
Topic
Board Bitcoin Discussion
Re: Thoughts on new ATH
by
Charles-Tim
on 05/08/2020, 09:07:52 UTC
Will the economic fallout from covid create a perfect storm?
There was a time during the covid 19 pandemic in March 20120, the price of btc dropped abruptly from $10500 to as low as $3600. But, later, the price increase and  reached over $11000 with a very strong support. I do not see any storm coming this year again but for the price to increase, even if the increase is not abruptly. 

Will more adoption be significant
In the world, how many people are having bitcoin now?
How many bitcoin ATMs are we having? This answer you question. People get to know and embrace or people yet to embrace bitcoin are so many, bitcoin will still increase in price and the increase will be significant.

What are peoples thoughts and expectations
My expectation is that bitcoin adoption will increase, this will increase bitcoin marketcap and also market price will increase proportionally. Bitcoin price will still get to new all time high. But that does not mean that bitcoin will not increase and decrease in price but the increase over long time will surpass the decrease.