Everybody looks so happy and optimistic about Bitcoin bull rally, everything is going fine for the crypto king and many expect it to last forever including myself. Do you really think so? I'm not talking about some corrective retracement, which is healthy for the market too.
What do you think can be the biggest threat for Bitcoin in current situation? In my opinion it can be only some sudden governments shift in regulations and laws to ban Bitcoin (which I don't really think may happen), otherwise there are basically no obstacles or threats.
The biggest threat to bitcoin is that if the central bank regulates cryptocurrencies, the bitcoin price will fall very deeply. At this time the advantage of bitcoin is that it can make transactions or transfers without being noticed by the regulator, so that's where many crimes such as buying and selling drugs and acts of terrorism are found. The central bank really doesn't like the advantages of bitcoin, where every transaction or transfer but the authority is not aware of the transaction.