Quote from: HughMunro on November 16, 2022, 02:19:19 AM

I think it will be a long time before Bitcoin returns to its 2021 highs, let alone $100,000. The epidemic is also one of the factors affecting the market, and the war between Russia and Ukraine has also had an impact.

Truly, it might take time before Bitcoin would reach $100,000 and I am not expecting it in the next bullish run in 2024 as many expect. What I expect is a stead coin that would make its time to be rising steadily when inflation has subsided and the global economic woes have eased to some reasonable extent. This would take time, but it could happen midst of the Russia-Ukraine war as the effect of the war is being priced-in already, it might not affect more than what it has already done.

More alternatives are now being harnessed, and the world should be out of the woods soon while the war lingers.