Bitcoin prospects

[NewRanger]

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?

Currently the potential is clearly visible, but the market must also wait and see because its volatile nature rises sharply and falls likewise. The most prominent implication is the large amount of investor interest and participation in entering and buying BTC at this time.

For the story about profit occurred because of the increase in the value of the BTC asset which previously dumped hard, has now recovered so this is a return that is quite fantastic, of course for holders who have held it for a certain period of time and finally, if you want to evaluate the increase in Bitcoin as a whole, it is certainly difficult, but it is best to follow whatever things that are related to your investment because bad news and other factors such as geopolitics and macroeconomics are obstacles to bitcoin price movements.

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[arufox]

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?

If asked about the limits of Bitcoin's increase, the answer is that there are no limits because the price of Bitcoin is very volatile, no one can accurately predict the extent of the increase and decrease in the price of Bitcoin. I see the potential for the current increase in bitcoin prices to continue, especially since the bitcoin market performance is in good condition, especially as the halving is getting closer.

[Antotena]

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?

If you and I and every other people continue to buy bitcoin everyday in a continuous manner and nobody among us sell their Bitcoin, then trust me Bitcoin will go up badly that any of us can ever imagine but the unanswered question is that will everyone agree to do that? Definitely no, they wouldn't do that because nobody trust in this system and you can't blame them because even with small FUD, people panic to sell their Bitcoin just to avoid loses.

By now, we should have learn one or two things from Bitcoin that whatever goes up will comes down and when it comes down, there is an assurance that it will go up patiently with time. Just November Bitcoin was trading around  $15k but today, it's trading above $60k. That should tell us that bitcoin will forever continue to grow.

[DeathAngel]

There is no limit to Bitcoin’s rise, we are in unchartered territory. Institutions now have a vehicle & way to access Bitcoin via Spot etfs. We haven't had a bull run where this was possible before. It’s going to be a wild ride, we could see astronomical prices shortly.

[lepbagong]

-snip-
By now, we should have learn one or two things from Bitcoin that whatever goes up will comes down and when it comes down, there is an assurance that it will go up patiently with time. Just November Bitcoin was trading around  $15k but today, it's trading above $60k. That should tell us that bitcoin will forever continue to grow.

Yes, the price of bitcoin will not always continue to rise, but there will always be a downward correction and that is natural because the trading carried out is very active, so the price will always move as a result of the trading event. The current situation has increased and has passed the previous ATH, but this is not the end of the increase that will occur. With $70,083, there will still be an increase in the future because the halving period has not yet passed.
Agree, bitcoin will continue to grow forever, and will move according to the trades made by investors.

[khiholangkang]

-snip-
By now, we should have learn one or two things from Bitcoin that whatever goes up will comes down and when it comes down, there is an assurance that it will go up patiently with time. Just November Bitcoin was trading around  $15k but today, it's trading above $60k. That should tell us that bitcoin will forever continue to grow.

Yes, the price of bitcoin will not always continue to rise, but there will always be a downward correction and that is natural because the trading carried out is very active, so the price will always move as a result of the trading event. The current situation has increased and has passed the previous ATH, but this is not the end of the increase that will occur. With $70,083, there will still be an increase in the future because the halving period has not yet passed.
Agree, bitcoin will continue to grow forever, and will move according to the trades made by investors.

In the economic system, the rise and fall of prices is only with two main factors "supply and demand" why the price of bitcoin goes up and down, yes because supply and demand go hand in hand in the market, which we usually call trader activity.
We are talking realistically whether it is possible for bitcoin to have limits in the future, of course it is possible but we cannot predict when it will be, then for the current price has it exceeded the limit? of course not in my opinion, yesterday's price that touched bitcoin at $70k was the beginning, and indeed bitcoin has not met with halving which is still quite far away, so there is still a possibility of bitcoin experiencing an increase rather than a decrease for now.

[Silberman]

There is no limit to Bitcoin’s rise, we are in unchartered territory. Institutions now have a vehicle & way to access Bitcoin via Spot etfs. We haven't had a bull run where this was possible before. It’s going to be a wild ride, we could see astronomical prices shortly.

That is the issue here, every single time there is a new bull run we are in uncharted territory as something that has never happened before gets to happen, during the 2017 bull run we had the segwit update, 2021 saw bitcoin navigating the pandemic and now we have ETFs, so due to the short history of bitcoin as an asset, we cannot take a previous period as a reference and try to guess what it may happen, so we can only wait and see how bitcoin moves from now on.

[kryptqnick]

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?

I think there is a limit in context of the share of global annual GDP, I suppose. Bitcoin can't replace food, water, housing, transportation, medicine and other essential goods and services, so it can't be worth the total global economy. The global GDP of 2023 was around $105 trillion. Some major companies are worth over a trillion dollars (Microsoft is worth $3 trillion). Gold is estimated to be worth $14.7 trillion. So, I suppose, Bitcoin can be worth up to 20% of annual global GDP, perhaps, because I think it's conceivable that Bitcoin can beat gold. But that's probably where I'd put a reasonable limit. Of course, the global economy is also growing over time, so what's now around $20 trillion of market capitalization (which could bring the price of Bitcoin to $1 million per coin) can become more than that in the future if the global economy grows significantly.

[shinratensei_]

There is no limit to Bitcoin’s rise, we are in unchartered territory. Institutions now have a vehicle & way to access Bitcoin via Spot etfs. We haven't had a bull run where this was possible before. It’s going to be a wild ride, we could see astronomical prices shortly.

agreed with this bitcoin right now is more accessible than ever for many to be used for investment as well as being used by these big institutions with big money to invest.
we all know that so many institutions was going against investing in bitcoin before right now instead sponsoring for bitcoin investment because they see some prospect in it.

undeniably the ETF really have good effect on the long term sentiment of market against bitcoin that right now the market is growing harder than ever.
could you imagine two years ago that bitcoin could surpass its supposed project trajectory of surpassing its all time high few months earlier so many people say its gonna be Q3 of this year that bitcoin truly take off but right now we are already taking off and surpassing previous all time high its kinda crazy actually. hopefully the altcoin also follow so that its gonna be complete bullish season.

[lepbagong]

-snip-
We are talking realistically whether it is possible for bitcoin to have limits in the future, of course it is possible but we cannot predict when it will be, then for the current price has it exceeded the limit? of course not in my opinion, yesterday's price that touched bitcoin at $70k was the beginning, and indeed bitcoin has not met with halving which is still quite far away, so there is still a possibility of bitcoin experiencing an increase rather than a decrease for now.

The reality is that there will be limitations that occur with Bitcoin, and it has been predicted for a long time that this will probably happen, but I agree how long it will happen is difficult to determine because there are many factors that influence it.

Regarding the price, it has indeed passed the ATH before, but that is not the end of the increase that Bitcoin will make. It's still too far away because the halving period is still 30 days away from happening and at that time something will always happen that we don't know about, even though the tendency is that it will continue to increase. This is outside what Bitcoin usually does, where usually after the halving period there is an increase.
Everything has changed and there could be surprises again, and we must be able to prepare.

[YUriy1991]

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?

Of course and the most comfortable thing at the moment is investing in BTC where the current increase has been very good, if you ask whether it will continue to rise? I think not, because corrections are always present as guardians of market balance. Now, for the salient implications for those who have adopted BTC I think it's not because they like it, but because they understand the nuances and trends of this very potential investment going forward.

One thing I want to convey is that we will never be able to make a profit if we only see a decline in prices, but a long-term investment strategy is not carried out and implemented. Yes. BTC is a very big step towards what I see as a growing market.

[reagansimms]

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?

Bitcoin holders are currently enjoying the price increase and waiting for Bitcoin to print a new ATH, the potential for price increases in the future is still open due to increasing euphoria among investors and traders. As a result of the price spike that has just begun, the wider public's interest in Bitcoin is increasing, the moment Bitcoin continues to show its quality also has the potential to be the first step for new investors to make Bitcoin the most profitable primary investment.

You also need to understand that Bitcoin movements are not always consistent, the highly volatile Bitcoin market gives investors different colors. There are times when the market will experience spikes and falls at unexpected points, so it is very necessary to always remember the main principles in investing, namely understanding and literacy. It is very necessary for investors to carry out research first so they can make decisions carefully and wisely and avoid the Fear of Missing Out (FOMO).

[Natsuu]

Bitcoin's rise depends on stuff like how many people want it, rules from governments, and new tech. It's been going up pretty steadily, but remember, crypto can be wild. This affects things like more people using it, government rules, and how we think about money. Results can be different for everyone, affecting investments and how we see finance

[Volimack]

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?

If asked about the limits of Bitcoin's increase, the answer is that there are no limits because the price of Bitcoin is very volatile, no one can accurately predict the extent of the increase and decrease in the price of Bitcoin. I see the potential for the current increase in bitcoin prices to continue, especially since the bitcoin market performance is in good condition, especially as the halving is getting closer.

Agreed, bitcoin's growth will continue to increase as bitcoin halving approaches. There is no limit to bitcoin's rise the more people invest in bitcoin the higher Bitcoin will go. I think bitcoin will have a higher impact on demand. No one can determine the limit of rise to decentralization of the crypto market.

[khiholangkang]

-snip-
We are talking realistically whether it is possible for bitcoin to have limits in the future, of course it is possible but we cannot predict when it will be, then for the current price has it exceeded the limit? of course not in my opinion, yesterday's price that touched bitcoin at $70k was the beginning, and indeed bitcoin has not met with halving which is still quite far away, so there is still a possibility of bitcoin experiencing an increase rather than a decrease for now.

The reality is that there will be limitations that occur with Bitcoin, and it has been predicted for a long time that this will probably happen, but I agree how long it will happen is difficult to determine because there are many factors that influence it.

Regarding the price, it has indeed passed the ATH before, but that is not the end of the increase that Bitcoin will make. It's still too far away because the halving period is still 30 days away from happening and at that time something will always happen that we don't know about, even though the tendency is that it will continue to increase. This is outside what Bitcoin usually does, where usually after the halving period there is an increase.
Everything has changed and there could be surprises again, and we must be able to prepare.

Also now that we have L2 on the bitcoin network there might be more innovations in the future that might have a much bigger impact on bitcoin, so limitations will find a solution and bitcoin will be much more flexible, we don't know about that in the future.

The pasting 30 days before the halving at this time bitcon has continuously broken through the new ATH, and yes maybe we will see some surprises that we can't expect, and maybe $100k is reached or even we can get more before the halving arrives, that's what's in my head right now, I hope we get a very good surprise.

[MissNonFall9]

To accept the new technology or something new in the world people first discuss its negative aspects more or think more about the negative aspects. So in the same way states are favoring the downside in adopting Bitcoin. They feel that allowing Bitcoin in the country may increase money laundering destabilize the country's economy and since it has no regulatory body, suffer economic losses. But above all economic development is not possible if the free movement of the economy is not ensured. Thinking in this direction I think Bitcoin should be approved.

[Maus0728]

For me, there's a lot of limit to the rise of bitcoin price (if that's what you're talking about) is probably from the fact that there's a limited amount of people that can afford to buy bitcoin, as the demand continues to rise, the price of bitcoin is going to get more higher which would slowly but surely make it difficult for others to buy at a certain price that would make them be satisfied with the value that they're getting for their money. Another limit that I can think of is the enthusiasm of the people for bitcoin, it's going to need a renewed enthusiasm everyday because if we ever came to that point, we'd probably see a decline in demand even though there's a lot of hodlers of bitcoin.

[bitterguy28]

What are the limits of Bitcoin’s rise...

as far as we know… there is no limit to how high bitcoin’s price could go.
it has a limited supply, yes, but its price depends on the demand if more and more people want it despite its limited supply, then the price will continue to rise up.

and is it a strong and consistent rise...

strong? Yes.
but consistent? not that much not exactly

bitcoin is volatile and its price will go up and down but in the phase of where we are, the rise will be consistent probably hitting a new ath

[btc78]

I don't think there's any limit to how high Bitcoin could go for as long as there is someone who wants to buy, there will always be someone who would be willing to sell it. There is no way of telling when or how will bitcoin's dominance come to an end or if will it ever at all. I just know that there is more to Bitcoin and most people have not even realized that and they might realize it a little too late

[justdimin]

Also now that we have L2 on the bitcoin network there might be more innovations in the future that might have a much bigger impact on bitcoin, so limitations will find a solution and bitcoin will be much more flexible, we don't know about that in the future.

The pasting 30 days before the halving at this time bitcon has continuously broken through the new ATH, and yes maybe we will see some surprises that we can't expect, and maybe $100k is reached or even we can get more before the halving arrives, that's what's in my head right now, I hope we get a very good surprise.

I feel like L2 in bitcoin is actually a terrible thing, or at least it has been so far if you followed up with what's going on with Ordinals. It has caused the transaction fee of bitcoin to be giant, and that is not the way we want this to go.

I understand that it may feel like an innovation, and it is an innovation that's true but is it a development for the better? Is it an improvement on what we already had? So far it is not, just because people could have Ordinals doesn't mean that's a good thing. Maybe in the future we will figure out a way to use it for better, but so far we have used it for totally useless stuff and we paid it with higher transaction fees, it is not a trade that was worth having and that's an issue.