I have been very busy which makes me not to post this very early as it was last week news. Just that it is still very much worth it to post this.
More than 30% of Canadians plan to purchase crypto by 2024, says OSC headSome people said a period of time will shock people when the price of bitcoin will no more rise using the 4 years cycle. Some even said that bitcoin market is matured already that this bull run trends may not become possible by 2024. But the good news is, you should still believe in bitcoin, it will not disappoint you in the next cycle.
I believe if this kind of research is conducted in many other countries, more people will want to invest in crypto by 2024. And what should we expect by that time and 2025? Bull run.
Several of these statistics are in news reports about the adoption of cryptocurrency in Canada and the United States. It is important to buttress the information with how the data was collected and the population of the study. A reduction in return on investment from the market dip is one prediction I may beleive about bitcoin. In the future, we may not see a 85% price drop for bitcoin, since the dip is expected to continue to decrease. Furthermore, bitcoin's dominance of the market is gradually eroding.