Since the launch of a bitcoin exchange-traded fund earlier this year, bitcoin has recovered and even surpassed its all-time highs set during the 2021 bull run. But for weeks, it looked like the largest cryptocurrency was trading sideways at best.
I don't know about bitcoin when it is first traded on market, but i saw the price history of it when i search it on google and i was surprised because its price is very low on year 2009 it is a cents and now it is thousand of dollar, we can see its price in different status, but it is pointing only up high if we put basis on the year when its first traded on the market till today so even if it is not always uptrend sometimes it is bear season but it always bounce back with more higher.
Well base on history Bitcoin has been increasing in value gradually in the past years despite the dip in those years Bitcoin kept on increasing and at that time it hasn't gain more adoption as now. And we believe has time goes Bitcoin will continue to gain more adoption, and there's still chances for the price to keep increasing. That's why we always advice most to have some good portion of bitcoin they are holding in their portfolio, than having other shitcoins.
And now we all expecting a new ATH which may occur from the range of this year to 2025 due to halving that took place months back , and I believe once Bitcoin began to surge in price to that new ATH, there will be no stopping it . That's why I still have this feeling of Bitcoin surging above the predicted price which is $100k , but we can't actually tell but still Bitcoin going to do what it's does the most , which is putting smiles on Those who Invested in it.