Quote from: cryptomaniac_xxx on Today at 08:44:42 PM

Quote from: MiF on Today at 05:49:08 PM

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.

Some reasons collected so far:

1. "More than 90% of the people in this world has not yet bought bitcoin, do not worry, the adoption is still continuing. You will still see bitcoin at $100000 ane more."
2. "... as long as fiat inflation is still happening (which means a decrease in purchasing power), you can rest assured that assets like Bitcoin will keep going strong."
3. "We might see multiple ATH in the future once fiat explode. Bitcoin is the alternative and safe haven for people to escape inflation."

100k$ is possible to reach it is because bitcoin already reach 65k$ last year 2021 people are continue exploring crypto and i believe that crypto user are rising every year and it makes crypto more popular in the near future more user and more popularity makes the price rise high because the demand will surely rise so 100k$ is possible soon in the next bull season

It's not every year that bitcoin is rising, that's why we have bear market, a time wherein the price is going to nose dive. As you have said, the last all time high is $69k and then we hit bottom last year at $15k. And after that this year we still try to bounce back but we have a long way to go to even get to $40k-$50k at the end of the year.

But if we are going to look at the halving next year, bitcoin is going to be more scarce, meaning it's going to be limited and then everyone wanted to get a piece of it, even sats is going to count that could really push the price and hit a new all time high.

We do really have that called 4 year cycle which it had been known for on which each cycle does have that bear market and consolidation period and a bull run.Somewhat we cant really be able to assure
if there's a bull run on next year or into the next. Everything would really be determined out by community or investors demand and recognition.