Quote from: Natalim on December 19, 2024, 06:51:02 PM

Isnt that price is too high? Well weve just made a record breaking $100k a piece of bitcoin, reaching that figure would make it looks so expensive for normal users ans traders. Well its inevitably might going there but Im thinking if this will change the adoption or gonna be thought as a investment asset alone.

Yes, that price would still be possible but I doubt if it will due to happen next year, but most likely 2026 I guess. Meanwhile, seeing bitcoin continue to boost its price, the higher it will be, the bigger chances people will notice and eventually embrace bitcoin. And with consistent adaption from big financial institutions, that goes to prove that there's more to be optimistic with bitcoin.
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Over 100k increment in just 12 months. I am sorry but that's most not likely to happen because I will be very amazed to see that happen. As a lover of Bitcoin, I will be very happy to witness such monumental growth but I really don't think it's feasible considering the growth history of Bitcoin over the past 3 years.

In 2021, by November of the same year, bitcoin reached an ATH of over 69k dollars but in 2022, the price plummeted below 20k dollars by middle of the year. By 2023, the price rose above 30k dollars. However, between that time and today, bitcoin saw a significant rise to attain a new ATH by exceeding 73k dollars since the US government approved Bitcoin ETFs. By ending of this year, it skyrocketed to surpassing the targeted 100k dollars milestone for the very first .

I believe this was also achieved due to the bull season plus the US market. In the same vein, I know bitcoin will see a significant increase by next year when the Donald Trump-led government would have attained power, however, things will become more stable by 2026 which I expect Bitcoin could rise over 200k by then.