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Re: Just how bad is the bear demand right now
by
TheGreatPython
on 08/03/2023, 10:43:51 UTC
The market is changing from time to time. In 2021, there was hype is bitcoin going to be 100K dollars. But it was stopped at 69K. If you remember 2013, the same hype is there. On those days we will assume BTC is going to the 10K. But I think 2025 is the year for bitcoin for the next bull run. I am waiting for the mass adoption of bitcoin by global users. After that next bull run will start.
I think we are already seeing mass adoption, the world is coming to know about Bitcoin and adoption is on the rise, but it will still take some time for the bull run to start. Currently, the price is pretty low, and it's projected to go even lower. So no matter what, we are still in the bear market as per the price values of cryptocurrencies.

The hype of Bitcoin will now always be there. I believe there are no countries, no cities left where people are unaware of Bitcoin or blockchain technology. They've surely heard of it somehow even if they know about it or not, it's fun meeting them.