$BTC Yesterday I posted about the historical chart of bitcoin.
Let me share my opinion "why $BTC is still strong" and it seems it will never die.
1. Bitcoin is the pioneer of cryptocurrencies, we all know that, the first cryptocurrency ever created.
2. The supply is limited and demand continues to increase over time.
3. Mass adoption in the future. It’s like gold, but different. We cannot eat gold, but we can wear it. We cannot physically touch bitcoin, but we can use it to pay for something with it.
I still remember how bitcoin crashed, going down to $3.2k after its all-time high of ~$20k in 2017, it was the hardest part ever. Even in 2021, btc rose to $64k and then dropped around $30k.
Now, even though btc has dropped, I think it won't go below 80k or lower, so relax and hodl