#BTCbelow100k Since its creation in 2009, Bitcoin (BTC) has taken a fascinating journey: from being considered a technological curiosity to becoming a globally recognized asset class. But what does it really mean for BTC to be below $100,000? 🤔

The current context

Bitcoin continues to face significant challenges:

Volatility: The price can fluctuate drastically within hours, affected by macroeconomic news, regulatory changes, and whale movements.

Global adoption: Although many countries and companies have adopted BTC, there is still a long way to go for it to be seen as a universal store of value or a daily currency.

Historical perspective

Bitcoin reached its all-time high (ATH) in November 2021, near $69,000. Since then, it has experienced cycles of corrections, consolidations, and rebounds. However, breaking the psychological barrier of $100,000 remains a key objective on the horizon for many investors.

Reasons behind the #BTCbelow100k

Economic macro environment

High interest rates, inflation, and a strengthening dollar have put significant pressure on risk assets, including Bitcoin.

Lack of regulatory clarity

Regulatory measures in the U.S. and other countries create uncertainty for institutional investors.

Market sentiment

Events such as exchange bankruptcies, hacks, and frauds in the crypto space affect participants' confidence.

The silver lining

Although BTC has not reached $100,000, the network continues to show resilience:

Increased institutional adoption: Bitcoin ETFs, payments with Lightning Network, and more funds investing in the asset.

Ongoing innovation: Layer 2 projects and the development of applications in DeFi and NFT on the Bitcoin blockchain.

Lessons for investors

Patience: BTC remains a young asset in historical terms.

Research: Understand the fundamentals of the asset before investing.