At this start of this year, there was a lot of hype about how high the price of bitcoin will get, some speculated that btc will set a new ATH of $100k before the first half of the year is over, others before the first quarter of the year.
This However has not been the case. We just passed the first quarter of the year and btc has not even gotten to $70k yet. Do you still think $100k is still possible before the first half of the year?
It seems to me that the more the price of bitcoin rises, the slower its growth will be. At the same time, the risk of losing large funds invested in it will grow, as well as the fear of its holders for its sudden price drop.
But for now, we are pleased with ethereum, the price of which has risen to the current $ 3170, as well as a decrease in transaction fees in its network within 25-40 Gwei. The fall in the dominance of bitcoin to the current 47.6 percent indicates the inevitability of the continuation of the altcoin season.
Bitcoin price growth will continue, but not as fast as many would like. Especially I have hope in this regard for the fall. By this time, ethereum may have run out of problems with transaction fees and low scalability. It will be a tremendous sight.