Bitcoin has recognized as a currency in many countries and now its the most liquid and widely accepted currency in the world, however a lot of Investors are eagerly waiting to see a big change this year and predictions are coming in loads unfortunately the reality is different here.
Well the above resistance shows the price may go down but I don't think it will happen as we already in the last quarter of the year I am sure the price will slowly go upfront and boom the market.
We can't say bitcoin is the most liquid and widely accepted currency in the world when there is obvious real answer of US dollars, or even euro could be accepted everywhere, gold is an asset but not a currency but widely used everywhere.
So, I could say that world is at a place where we could name a lot of stuff that is more widely used than bitcoin by far, bitcoin is just starting now and it is not anywhere near where it could be in the future, of course there are times when we can do it, of course we are going to be able to call bitcoin the most widely used currency one day, but that is not today, that requires a lot of time and money to reach there and we do not have that just now.
After maybe 10-20 more years bitcoin could be standard currency for foreign money exchanges, instead of changing fiat to fiat everyone could get bitcoin and move anywhere in the world to spend it without having to use their fiat, just not now.