I am seeing more people getting attracted to Bitcoin when it is reaching new ATHs. With the media covering the ATHs of Bitcoin, the posts are spread on social media and people sees it.
Most of the folks that I see says that they've regretted that they have never bought at the bottom or they have wasted the Bitcoins given to them and by selling it too early.
All of them are the same stories that are repeated and it's the typical story of regret and that's why it might attract new investors and old people. But their decision is still going to change over the period of time when they have no conviction of buying.
I guess we can say that Bitcoin reaching new ATH will have a domino effect and, in the end, many investors will invest more into Bitcoin, and those who are not investors from the start will become one now and will invest into Bitcoin. I mean they just heard it from different media outlets, and suddenly, they thought that they will make money if they invest into it hence, they will invest without proper knowledge at all.
Media covering the significant events that's happening with Bitcoin will have an effect towards its price because I believe that the more the media is covering Bitcoin, the more people it will reaches and the more people it will reach, new money will potentially come, and that means an increase in demand on Bitcoin thus, an increase in price. As for selling early, I've been selling Bitcoin since 2018, but I don't feel any regret until now because at the end of the day, I did it for my own good and if I held it, I might be having a hard time for the past 6 years.
Well, we've seen Bitcoin reaching $100,000 for the first time already. What's next for Bitcoin now? $120,000? $150,000?