Don't sell BTC it goes more up...
- *Institutional Adoption*: Growing interest from traditional financial institutions, such as BlackRock and Fidelity, has led to increased investment in Bitcoin. The approval of spot Bitcoin ETFs has opened doors for billions of dollars in new capital, validating Bitcoin as a legitimate investment.
- *Limited Supply*: Bitcoin's fixed supply of 21 million coins creates scarcity, driving up demand and prices. The halving events, which reduce the number of new Bitcoins entering circulation, further exacerbate this scarcity.
- *Global Economic Uncertainty*: Rising inflation and weakening trust in traditional currencies have investors seeking alternative stores of value. Bitcoin's decentralized nature and limited supply make it an attractive hedge against inflation.
- *Technological Advancements*: Upgrades like the Lightning Network have improved Bitcoin's scalability and usability, making it faster and more efficient.
- *Increased Accessibility*: Platforms like Crypto Dispensers have made it easier for people to buy Bitcoin instantly using cash at thousands of retail locations.
- *Market Sentiment*: Growing demand and positive market sentiment have fueled Bitcoin's price increase. Large corporate purchases, such as those by MicroStrategy and Metaplanet, have also contributed to the upward trend.