Post
Topic
Board Bitcoin Discussion
Re: BTCOIN New ATH PLUS NEW RECORD AND TODAYS HISTORY
by
Oceat
on 29/12/2020, 17:33:52 UTC
There are still more to overcome, we still need to gain the $50,000 or $100k to really say we've achieve the multi year bull run and the 4 year cycle upwards momentum. We still need to develop Bitcoin adoption towards companies and governments. We can see that one by one multi billion companies are stepping into the world of Crypto. Its baby steps but we're getting there.
Sooner or later Bitcoin will be appreciated by bigger companies and starting to adopt because it's inevitable although Bitcoin is still 10 years old but it is gaining a lot of attention to people already. More and more regulations needed if we want Bitcoin to be considered as a means of investment and that would be the start of worldwide adoption. Maybe we could see that $100k in the near future if more and more bigger companies starting to adopt Bitcoin.

I myself never believed $100k valuation of one bitcoin, tbh. But looking at current ATH breakings, that too with a couple of investment firm involved, I think $100k is nothing if bigger institutions hope in.
You better believe it because that will going to happen someday, I don't know what those bigger companies are waiting but if they happen to buy and started to adopt Bitcoin, you better believe it that $100k is like nothing. But I don't know when it's going to happen but maybe after a few decade I suppose. But for now, maybe the next ATH would be closer to $50k or lower than that next year.