I think both of you make a lot of sense, with the successful passage of the halving season all that’s left is for an amazing bull run.
Personally I believe it’s begun already but will hit it’s peak towards the end of 2024 ushering Bitcoin into a league of its own when People talk about financial investments.
The rise will also affect Bitcoin adoptions positively all around the world causing a massive increase in investors, as we embark on this wonderful voyage hold you Bitcoin guys we’re going higher.
Bitcoin will continue to improve even though the price increase is not so fast,
Yes bitcoin will continue to rise because it is not a stable coin. It is volatile and will rise above this stage. Just that some people are not patient with bitcoin growth, they are always in a hurry for the prise of bitcoin to go so high without understanding the principles that causes the slow movement movement of Bitcoin, according to my research what causes the price of bitcoin are
1. Competition
2. Market correction etc.
The Competition aspect is as a result of many new coin surfacing the market which is misleeding some bitcoin investors to sell off there bitcoin and going for some social media trending shitcoin. This will reduce the numbers of investors we have in bitcoin. Although it will only dip for sometime and also pick up because the more people are leaving the more people are coming. Even the market correction and the spot ETF bitcoin which are also the elements of bitcoin increase and decrease doe not stop the growth of bitcoin. If investors pull out there money from bitcoin Investment after the approval of spot ETF, and the price didn't increase more, I believe other people would still have a good reason to invest in bitcoin and surely the price of bitcoin will rise. Even the market correction can't even slow the price of bitcoin because it is a normal thing and the price will still rise. All am saying in essence is that bitcoin price must rise no matter the circumstances. Bitcoin has come to stay
because now there are many investors who believe in Bitcoin and it is also continuously monitored by several large, well-known companies.
Weather people like to invest in bitcoin or not companies like micro strategy are always there to buy bitcoin in bulk increasing the the growth of bitcoin and also influencing other business men to do thesame and also country like El Salvador is another country that is making other countries to increase in bitcoin adoption because of recent I discovered that they have made over $13m in bitcoin investment and that will trigger other people to invest in bitcoin. These are the the prove that Bitcoin will surge higher because people believe in practical, I believe seeing all this reasons will make more people to increase in adoption and bitcoin will gain more popularity and surge in price.