If btc is legally accepted in all countries then huge number of investors will increase. and the use of btc in various fields will increase.
what is your opinion about this?
What was Bitcoin's last ATH? Did it reach $69 000 in the market, right? Is it true these days that all countries have accepted Bitcoin? are not the only few countries that still recognize it. And most haven't, really.
What does that mean, if most countries are not completely ready to adopt Bitcoin, but its market ATH value has reached such a level, how much more if all countries have accepted Bitcoin, eh, probably quickly in 24 hours the price value of Bitcoin will suddenly reach more than 100k$?
I completely agree with you. Despite the fact that Bitcoin is not yet officially accepted in all countries, its price has risen to $69k. As I recall, Bitcoin reached such a high price in 2021 due of hype. How much more if Bitcoin is legally accepted in every part of the world? It is not likely to happen in the next few days, but I believe that the price of Bitcoin will hit $100,000 due to the halving next year. That is why it is advisable to accumulate Bitcoin now, while the price has not yet reached such levels, because it's highly possible that the price will never return to this current price if Bitcoin reaches those levels.
Reality check, we can't expect every country to just accept btc in their financial system.
But if large population will use it in their everyday payment method, definitely the price will shoot up.
However, we are still just speculating on this matter. We will know the possibility if we can actually see the progress in the market.