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."
Actually i couldn’t think only negative. I am always positive thinking man. I think within 2024 Bitcoin will go New ATH. Day by day Bitcoin Being popular. You told till now 90% people in the world not bought Bitcoin. But i think gradually people are buying bitcoin and this buying people gradually increasing. I think within 1/2 years 15%-20% people will buy Bitcoin. And if it will happen then i think bitcoin price will hit minimum $150k-$200k there has no doubt. So i believe within short time bitcoin price will touch new ATH.
Well we can't but to think of all the positive side of bitcoin specially in it's young history that every 4 years, we are going to see a bull run and then new all time high to all of us.
That's how it is so why not think of bitcoin not hitting a new ATH, nevertheless if we want to prepare for the worst then we have seen it already. We have the FTX collapse last year, and then seeing the bottom price of $15,500 give and take. So it's just about time to discuss the "what" of the next bull run. What is the next ATH for us? And yes, minimum is 6 digits and can go as high as $180k (personal prediction).