Bitcoin still has room to rise
First, its popularity and acceptance are increasing worldwide. More and more investors are beginning to pay attention to and participate in Bitcoin transactions, which may drive its demand growth.
Second, the instability of traditional financial markets and concerns about inflation have led some investors to view Bitcoin as a safe-haven asset. When the economic situation is unstable, funds may flow into the Bitcoin market, driving up prices.
Furthermore, the continuous development of technology also provides support for Bitcoin. The improvement and application expansion of blockchain technology is expected to enhance the security and usability of Bitcoin.
However, it should be noted that the Bitcoin market still faces many challenges and uncertainties. Changes in regulatory policies, hacker attacks, market manipulation and other factors may have a negative impact on its price. $BTC $ETH