💵💰🤑 Bitcoin has come closer than ever to a dream price, nearing USD $100,000 after a year marked by increasing institutional adoption and expectations for more flexible regulations.
Unlike traditional assets backed by companies or states, the price of Bitcoin is based on supply and demand, as well as the prevailing market sentiment. The "halvings"—events that cut in half the issuance of new bitcoins—have historically shown a direct impact on the long-term rise in price, creating a perception of scarcity among investors.
Now, the question that concerns investors and analysts is:
Is it possible for Bitcoin to reach the coveted Dream..."Trading for Thousands of Dollars" and what events need to align to achieve it?
🤔🤔🤔 What do you think!!!