What are the limits of Bitcoin’s rise... and is it a strong and consistent rise... and what are the most prominent implications of this rise and its most prominent results?
considering total supply is limited while investor of bitcoin is growing every day the potential of bitcoin is pretty boundless and limitless it could go as high as million dollar a bitcoin and thats not being hyperbolic.
just wait until halving occurred and mining rewards decreased in half, the scarcity increase as well as the demand since ETF is a such a huge success and then bitcoin price gonna rise massively.
I think that is exactly how the scenario gonna be playing out, the current price pullback seems just like accumulation zone for whales to buy more bitcoin, it seems like whales are also gathering stablecoin probably to make the final biggest pump that might make the price of bitcoin rise beyond $100k. that in my opinion is already good enough and show that bitcoin potential is there, it could be life changing investment for many.
thats why even accumulating however smallest amount of bitcoin still matter because it might still have the potential of rallying as high as $1 million which also mean ten times of initial capital.