Let us talk about $BTC for now, do you think we can still attain $200K this year, because with the way things are going it seems the factors that can assist in making this possible are not really working. So if $BTC will reach $200k this year, what are the things u think must happen?
What factors do you think will assist Bitcoin to bull when in the previous bull run seasons, it took Bitcoin more than 500 days to see to a new ATH after the halving season. This year we can't tell what will lead to the Bitcoin mega push to above $150k at least. $200k benchmark I don't know what year, this year or upper year, will Bitcoin get to the the price.
To step in, one factor that we can see are about the big financial institutions giving a green signal for investin in Bitcoin. This outlook gives more investors the confidence that it's a thing that they should be interested with, if the big investors are also in it. Wherever money is, for sure the banks don't want to miss that opportunity that's given to them. And so, one big push that we need is more from these giants that assures that they are in it for the long term. If that is done, we'll see more retailers following the path that they take.