Quote from: Kelvinid on April 21, 2023, 10:40:30 AM

Quote from: a298b112 on April 21, 2023, 09:57:19 AM

Let's be honest, market do not follow any rules. There is no rule or law that says BTC should reach another ATH next cycle and next after. What if 69K was the maximum it could reach, and for the next years or decades it will be mostly fluctuating between 15k and let's say 40k.

So, let's collect here the reasons why there will be ATH for BTC.
Name one (at least) reason, please.

Perhaps, there is no rule or law that says it turns to zero, the same thing that there is a chance to make another history and another ATH.
We can't draw assumptions, not in a case where we know that Bitcoin is beyond unpredictable. Because as long as the community trusting and keep trading Bitcoin, you can't say it was impossible as it all possible. In fact, we thought before that $20k is impossible but it rallies more than that price and now, we are looking forward to seeing $100k in the future.

Bitcoin's price of $20k, which seemed unattainable years ago, is today considered a modest price. Everyone is currently searching for and hoping for a new ATH, which is currently estimated to be $100,000. Nobody knows when the $100k will arrive. But when it does, in years to come when it will be as common as the previous bitcoin price of $20k.

In this way, the price of bitcoin will see a new ATH every four years, making the previous ATH price seem low to bitcoin holders. It continues in this way until eventually, the price of a bitcoin reaches $1 million price in the future