It would be crucial to look at the market in terms of 24 hours, 7 days, 30 days, 1 year trend in order to determine the market is truly green Bear territory still in the loom, and expect volatility. Price has corrected a lot in the past 1 year, i am sure everyone remembers.
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Use case as a store of value and medium of exchange has been shown with bitcoin Use case of decentralizing everything else is enabled with smart contract, rootstock, ethereum, etc. But there has not been a proven use case for that yet, given the complex nature of each use cases We will see most of them getting tested from now on
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price of bitcoin and all cryptocurrency in general went above its high last year and during the bull market was the influx of new interest and capital. until there is similar reason for new capital to flow in, we won't see a sustainable long term increase in value yet
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Plenty of people correlate success of bitcoin with the price, when there is more to that. bitcoin is a movement, an idea, an experiment of a decentralized currency not controlled by a single entity and its able to spin off an entire industry of competing currencies, decentralized ideas is what makes it revolutionary
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