Quote from: Salam22 on June 14, 2023, 10:03:29 PM

Hello, everyone on this forum.
Have a basic query that I just want to have clarified; it has to do with bitcoins, therefore it just came up to me as an idea.

What do you anticipate the future of bitcoins to look like in five to ten years? Did you predict it would gain popularity and continue to expand, or did you predict it would lose it?

That's all I have to ask.

dear op, your question has been asked so many times but as the answer to the same question changes with time, so here is my answer, for now, the market has corrected itself, the only things that happened in the previous few weeks that, SEC and CTFC have made some restrictions on the big exchanges which had caused some downtrend plus this week, the market has been manipulated by big whales plus many people in the USA has bought a big share in Microstrategy (which basically a company having a big chunk of BTC) when BTC was below $25k.

But that buying was not that big, which means those whales are doing DCA and they still have fiat to buy BTC, (if you are asking for resources then it is my observation from the graphs), which indicates that the market might take a slight downtrend.

source

well, if you see at the long run, BTC will touch $100k in 2024 halving but my 6th sense is telling me that, this time there will be some climax. But I hope that will not come out to be true.