Yeah bitcoin will continue to increase from year to year I'm happy to see the movement of bitcoin this year because it will be better because investors have looked at it again and there is a lot of demand in the market.
I think in the future there will be many crypto projects that develop technology because of the changing times and of course this will be the main thing for bitcoin.
It is good to see us roaring so much, but some altcoins almost tripled in value already. That is quite hard to grasp. The increase is also a good signal because I am reading (even in oldschool news paper(!)) that bitcoin is performing quite spectacular, so even the AverageJoe will get the news that Bitcoin is contradictionary not dead (yet haha).
Its really weird to have this increase this early into the year. I mean I am happy about the increase but I am also excited about what to follow. Even if we end up not going up too much in the following weeks or even months, we still have 11 more months to increase, so even if it stops for a while we will be able to restart and go up again later on. I can't really guess how much we can go up, bitcoin is very volatile so it could do anything in the end but there is a possibility of 20k once again on the table and thats something we haven't seen in a long time. Do you think there is a ceiling to what bitcoin could become? Like not technically but psychological one?
The halving is to follow. And if we look back to the past, the halving was always an incredible moment in time. Any one here remembers the block halving party in Tel Aviv ? That was some fun to watch when they were mining their blocks.
I don't see a psychological cap for the price. I rather think our heads will be blown off when the largest speculators are starting to dip their toes into Bitcoin waters.