Bitcoin had a marvelous year that is for sure, it had a marvelous week as well, but it has done so much and increased so much that I really don't know what it can do after this. I really hope that we can see more increases, my nation is doing horrible in economy for the past few years and I would love bitcoin to reach to 100k+ levels in order to save my life, that is what I am aiming at.
You mean there are no ceiling? Yeah, possible, with this huge runs and the sentiments of investors like big companies - bullish, then definitely $100k levels could be achieve and I'm sure everyone's dream to see it and the massive increase in our portfolio, in terms of fiat.
Although the world economy is still suffering, I would say that crypto more than ever will be the safe haven for the rich and even us average Joe. And could potentially make us live above normal if the price goes to 6 digits in the future. So let's see if we can repeat another good and bountiful Christmas in 2021.
Technically speaking there is really nothing that can make bitcoin cap at a certain level, sure it is not logical to say bitcoin will be 1 billion dollars per bitcoin, that would be naive to say that, but it is "technically" possible that's all. I just want bitcoin world (all of cryptos) to help us, the ones that are involved, the ones that have been around for a long time, the ones that made it what it is today, a bit richer so that we do not live a bad period.
Unfortunately not everyone lives in USA or UK type of nations, we live in some worse nations, and even on those "great" nations there are many people who are struggling and living a bad life there as well. So at the end of the day there are too many people who are financially not in a good situation, which is why I hope it will be fixed soon and crypto would be the one who will help us.