What is the future of Bitcoin?

[israt1@]

All the countries are going through a hard time by the fall of covid-19. Also, a big token like bitcoin is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .

[Odohu]

Bitcoin have done so well considering the backlash from the world powers since its inception. As with every revolutionary innovation,  there will always be resistance and it is after overcoming these resistance that the beauty and power will be unveiled. So far, Bitcoin have shown great resilience against negative forces such as ban in some countries, hacks which daint the immage and fud from the media amongst others.

As of today, there is growing interest in Bitcoin, as can be seen from many big companies such as PayPal and Union Bank getting involved. More will come with time and I see this as a sign that the future is bright for Bitcoin. 

[pooya87]

All the countries are going through a hard time by the fall of covid-19.

The COVID recession is over, the new recession due to the NATO-Russian war is the one that's affecting the economy and bitcoin price.

a big token like bitcoin

Bitcoin is not a token, it is a currency.

is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .

Check out the speculation board for that.
In short if you check the short 14 years of bitcoin market history you can see that we have periods like this where price keeps going sideways without any major rises or drops. The important thing is that the adoption is growing and Bitcoin is still the same decentralized censorship resistant currency it ever was. Which means the future growth is expected to be the same as before.

These days we have two things to look forward to. The halving and the failed interest rate games governments play to keep inflation down by worsening recession. As inflation starts rising, bitcoin price should too.

[Shumyl]

All the countries are going through a hard time by the fall of covid-19. Also, a big token like bitcoin is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .

In the current situation, Bitcoin has gone up and at this time Bitcoin's price is 26 thousand something, and day by day Bitcoin's price goes up but maybe sometime when Bitcoin goes up then suddenly Bitcoin falls on the ground, that is my experience from last 6 to 7 years.

[Helena Yu]

With the current bad economy where many people are struggling to find jobs that can fulfill their needs, you can't expect too much. Bitcoin price will be like this for several next months, it might reach as high as $40,000, but it will not reach more until the halving event begin.

If you think you can make money through Bitcoin trading, this is the tough time and if you can, you're a good trader.

[Text]

The future of Bitcoin is uncertain, but I believe in its potential to become a major global currency because of its advantages, such as decentralization, security, and its global usage, which make it well-suited for the digital age. Despite challenges like volatility, slow and expensive transactions, and a lack of widespread merchant acceptance, it is gaining popularity and adoption worldwide. Just look at El Salvador, which has made it legal tender.

There are various opinions among researchers regarding the future of Bitcoin. Some believe it has the potential to revolutionize the global financial system, while others see it as a bubble that will eventually burst. I don't share the latter belief because if that were true, it would have happened already, right?

I hope that Bitcoin will continue to grow and develop in the future. I believe that Bitcoin has the potential to make a positive impact on the world by providing a more efficient and equitable financial system.

[Bitco55]

Well, the experts on Bitcoin price variations have different predictions.

Statistics show that bitcoins price would be under $30k at the peak of 2023, which we've all already seen, and then continue dropping toward the end of the year to less than $27k.

Some experts believe that it may continue to fall till it reaches $5k due to rising interest rates and tighter monetary policy.
Other statistics by researchers and experts are;

$77k       $43,959.19k    in 2025.
Shooting up to -

$ 188k    $ 250k        In 2023.

Research shows that trading of BTC would be at 50k - 100k in 2 -3 years.

So, the future of Bitcoin seems pretty uncertain but bright also.

[Spaceman1000$]

All the countries are going through a hard time by the fall of covid-19. Also, a big token like bitcoin is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .

The world economy was seriously affected by COVID-19, though some nation's are gradually coming out of that economic reality.
The rise  of bitcoin will be slow and steady as time goes, because the economic downturn globally  has partially affected the bitcoin growth rate, that's because the multipler effect of some of these economic crisis has a way of reducing the price growth, because economic activities has reduced drastically.
However we are very hopeful, due some analysis and the prediction of a bull run that is likely to happen, that the future is bright.
So the tumbling of the bitcoin token is just temporary, just give it some little time and you will see how well it will bounce back.

[Peanutswar]

Bitcoin has already shown its possibilities and has already proven from previous years, the covid comes up and at that time too the bear market came so as we expected happens, and not all the time the market will give a good bull run to everyone, we can give the possible outcome or the speculations with the market but actual it happens it's too hard to give accurate details. But this coming halving of 2024 we possible expect some changes of the market price could be a possible small pump and make another dump because of the halving and that stage till 2025 can be a preparation for the next coming ATH.

[Wend]

All the countries are going through a hard time by the fall of covid-19. Also, a big token like bitcoin is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .

Bitcoin is not a token, it is the safest and best coin in this cryptocurrency market. What you're talking about is what's happening in the short term, why don't you zoom out on the bitcoin chart and take a broader view? You will see that in the long run bitcoin is still increasing and will always increase over time. Don't let a little short-term adjustment make you worry and let the opportunity in front of you slip away. As I said, zoom out on the bitcoin chart and you'll see there's a huge difference, and you'll see what you're missing out on if you don't buy it now.
 

[naira]

All the countries are going through a hard time by the fall of covid-19. Also, a big token like bitcoin is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .

If you still think Bitcoin is a token, then you don't understand it correctly. Economic problems in each country are now starting to recover and improve gradually. So all recovery requires a long process but there is a heavy price to pay with mounting debt. Economic growth is increasing for those who are able to survive in the era of the Covid onslaught, but some of us are hobbled by the increasingly difficult real job sector due to robot aggression initiated by those in power. Powerful when able to get through difficult times during Covid and after. Because they invest in the hospital business.

I am not an expert giving an opinion, but as a society trying to understand how difficult it is to survive if we do not move to improve our skills and utilize the resources around us in order to continue to survive. t The real economic situation is not far from our homes, while global affairs will always be fine because it controls all profits in the midst of a crisis.

[aoluain]

COVID-19 is not a big factor anymore, in my country there are no restrictions in place
because of it, with the current strain the effects are similar to that of influenza so its not
affecting any markets including Bitcoin.

As regards the Bitcoin markets, September has rarely been a good month, it has primarily
been a "Red" month rather than "Green". Contrary to some peoples belief the Bitcoin markets
cannot and wont continue to rise, it just doesnt happen, there will always be massive rises
followed by corrections.

Its much better to have a long term outlook!

[shivansps]

All the countries are going through a hard time by the fall of covid-19. Also, a big token like bitcoin is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .

I noticed that when watching different experts you can often hear opposing opinions. These people have vast experience, both explain their opinions competently, but their opinions are completely different. I say this because it is very difficult to accurately predict whether Bitcoin will rise or fall and when this will happen. Now everyone is basically saying that it will grow in the next year or two. But this does not mean that they are right. Nobody knows for sure. Not a very simple question

[MarjorieZimmermanGinger]

All the countries are going through a hard time by the fall of covid-19.

This disaster has ended and I think almost many countries have now emerged from the difficulties caused by Covid-19. Although the economy has not recovered completely due to the post-recovery impact of Covid-19 until now.

Also, a big token like bitcoin is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .

If you have known bitcoin for a long time, this is the most striking comparison that makes bitcoin the right choice because when Covid-19 hit, bitcoin gained ATH momentum, this shows the strength of bitcoin as the best investment ever. There is no special research regarding bitcoin and I think all you need to do is take advantage of purchasing when you are able to do so because bitcoin is the best investment source that exists today.

[cheezcarls]

Regarding the future of Bitcoin, time will tell. Until the next halving, BTC would likely be quiet and stay within the current range as of this time of writing.

When some news broke out like Bitcoin Spot ETFs or something that is bullish for us, the skyrocketing of the price would just be temporary only to gradually pull back and correct back to where it was.

No matter, I am still holding my BTCs until today.

[Magic-Money]

The future of Bitcoin is simply means of solving a financial challenges in the countries and Bitcoin has a fast network as a means of payment and more reliable, secure and transparent for every giving point is recorded and Bitcoin is digital assets one have to hold for future financial freedom service.

[TheUltraElite]

All the countries are going through a hard time by the fall of covid-19. Also, a big token like bitcoin is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .

Apart from the pandemic and the ongoing war, things have been the same as ever, same governments taxing its working class to bleed every drop and policies to make life hell for them. But that does not bother bitcoin much, because it is futile to attempt to explain bitcoin's movement's with respect to the ongoing economics. Sure the good things might it upward and the bad things the opposite, but its no direct corelation/causation. More like an anecdote.

Hence just treat the price as just numbers. Dont get the reason into your head but keep up with the news too. You just need an entry point at low price and a high point to sell.

[JunaidAzizi]

All the countries are going through a hard time by the fall of covid-19. Also, a big token like bitcoin is tumbling in the market at a low position. It started to rise a little from the bottom for several days. It also stopped again. What do the researchers think in such a situation? Let's hope for the opinion. .

You know Satoshi said when he started Bitcoin that in the future either it would be zero or very high and we saw that last time Bitcoin was very high and till now we can't see that its value is zero its true that its value was decreased but after that, its price again going up and now at today its price is $26126.84 I think and due to volatility its price is fluctuating and sometimes it high and sometimes it low. So the future of bitcoin is clear now and there is an increase in bitcoin popularity day by day and is widely adopted.

Investing in bitcoin is good but if you want any profits now then it is difficult and you may wait for the 2024 halving after which the bitcoin price will be increased and it will give you a high return.

COVID-19 affected the Bitcoin price at that time but COVID-19 is gone and the markets are stabilized now, the today headache that disturbed the Bitcoin price is the Russian-Ukraine war which created hurdens. Also, there is a mistake in your text bitcoin is not a token it is a currency so please check it and then correct it.

[Wind_FURY]

All the countries are going through a hard time by the fall of covid-19.

The COVID recession is over, the new recession due to the NATO-Russian war is the one that's affecting the economy and bitcoin price.

The "COVID Recession" never truly started in most regions around the world because they pumped their economies with cash through BRRR-Money-Printing and/or government spending during lock down.

The "New Recession", which hasn't truly started, isn't because of the war. It's because of the tightening and rate hikes that the Central Banks currently need to do because of their BRRR-Money-Printing and government borrowing during COVID.

[Salahmu]

The future of Bitcoin is very bright, the love I have for Bitcoin can never be compared to any, Bitcoin is an independent coin that all other coins depend on to survive that is why I always use the terms like, in the time of myths and growths the potential future of every other coins depend on the growth of Bitcoin, I could remember many years ago when most people use to ask this question about the future of  Bitcoin and here we are with a massive growth on Bitcoin considering how low the price was then and now you can see the improvement of Bitcoin so without being told Bitcoin will go very far is just a matter of time but perhaps who knows what will happen after next year halving.