Quote from: Davian144 on Today at 01:37:39 PM

Quote from: bettercrypto on November 28, 2023, 02:45:30 PM

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$?

If all countries in the world were ready to accept and adopt Bitcoin and use it like they use fiat in life, perhaps the conditions would be very different because a very extraordinary increase could occur directly in Bitcoin. But the ATH that Bitcoin has achieved in the range of $69K is purely because of the trust of many people in Bitcoin, not because all countries have approved Bitcoin.

So in terms of the next ATH value in Bitcoin it will probably be close to $100K if the number of people who believe in Bitcoin continues to increase and it is highly hoped that these people will come from company bosses or from the top officials of other great countries. So it will have a greater influence on increasing the price of Bitcoin than before.

If we do consider on how many % of the current population now do knows about Bitcoin or crypto then we can really say that there's still soo much room to grow on which means reaching or breaking 100k would really be just a piece of cake on which on the time that we do able to reach out that kind of situation then 100k would really be just that a small number. This is why it would really be that better that you should really be that
wise on taking up position while the price is really that low.Also, its not really that bad to take some entries now considering the price is still low, not that much or everybody could be able to do so considering that the price is really high but we know that we can buy in fractions.

Acceptance and adoption would really be the key for the price would really be going upward but we know that there's no assurance that we would be going into that price
but at least we are really that seeing that it does have potential. Lets just see on how things would really be ending up but since we are still a decade
in existence and there's still so much space to grow.