The value of bitcoin has recently risen due to news about PayPal starting to accept Bitcoin transactions on its platform.
When bitcoin has decreased in price, what will happen is that many people start buying it with the belief that the price will recover. They actually buy not based on belief, but they know that there are large investors who will not just let the Bitcoin price drop drastically. People know that Bitcoin has a lot of supporters, so to say that Bitcoin has no value is wrong
This is great news. This alone will benefit crypto massively. Paypal is not only adding the option to pay with Bitcoin alone.
The other cryptocurrencies to be added will be Ethereum, Litecoin, and Bitcoin Cash. Probably more cryptocurrencies later also.
Maybe we will se a new all time high for Bitcoin next year.