Post
Topic
Board Bitcoin Discussion
Re: Bitcoin $1Trillion Market Cap questions
by
yazher
on 18/02/2021, 05:21:43 UTC
Bitcoin has a low supply any increased demand will push the price up. The greater the demand, the more expensive the existing quantities will be, because their price will rise and the market capacity will increase.

There is a limit for Bitcoin to rally. The maximum we can predict is $ 210,000, and some believe it will increase.
Increasing the market capacity of Bitcoin will force many companies to buy it instead of dollars.

As of now, we can say that the price will continue to increase because of the demand. After those big-time investments have occurred in the last few months, The price has continued to increase more than our own expectation. most of the investors have speculated that the price will finally reach $100k soon because of its current state in the market. It's increasing every day you know? It just simply means that the bitcoins market is going stronger every day and there is no reason for it to stop soon.