There are certain occurrences that can reduce or bring down the economy of a particular Nation there by also making there currency lose value in the world market for example war.
And there are also certain occurrences that can increase or rise the economy of a particular Nation there by also making there currency gain more value in the world market for example emergence of good and intelligent government.
Therefore I believe there are certain occurrences that will increase the price of Bitcoin to a very magnificent price.
for me adoption of Bitcoin as world digital currency.
I will also love to hear from everyone in this forum what you think can occur in the future that will increase the price of Bitcoin to it magnificent price.
One of the biggest contributions to the Bitcoin price may be governments accepting Bitcoin legally. The lifting of these bans by countries where Bitcoin trade is prohibited may also have a positive impact on the Bitcoin price. In fact, we can list many similar reasons, but even if these do not happen, Bitcoin will continue on its way.
Bitcoin, which has a limited supply, has always increased its price in certain cycles and will continue to do so. There may be many reasons for the price increase, but the main reason is Bitcoin itself.