Post
Topic
Board Speculation
Re: What do you think about Bitcoin?
by
RealMalatesta
on 24/01/2022, 20:04:49 UTC
The rise and fall of the price of bitcoin is highly dependent on its adoption. If in the future bitcoin adoption continues to increase, then there is a possibility that the bitcoin price will have a higher price and vice versa, so for now I don't think there is any point in continuing to predict the bitcoin price will go higher in the future due to the fact that bitcoin is currently still It's in a downside phase and it's a bit difficult to get back to the $50-$60k level.
Op just said that more countries now accept btc, that is why he believes that 100k is just around the corner. The adoption drastically increase because btc is now very exposed and people right now are depending too much on the digital payments because of the current situation, add in the fact that btc is still dumped so more people are going to fill their bags.

There is nothing wrong in predicting and predictions are not only good at a short period of time, that is why he is optimistic that btc can get out of the red zone soon and then finish its unfinished business of reaching 100k. It may only look hard but its possible mate, trust me.