Remember the early days of Bitcoin when it was practically worthless? Two pizzas in 2010 cost 10,000 BTC thanks to Laszlo Hanyecz the Bitcoin community for the first time understood the monetary value of Bitcoin.
From $30 in 2011 to $68350 in 2021 the journey of Bitcoin has been phenomenal. Some said it was a bubble that would burst soon and some said it was a Ponzi scheme while Bitcoin never stopped and surprised everyone against all odds. After 15 years of its existence, it is now a legal tender in the country. The US has approved all Bitcoin ETFs and is currently on the path of global adoption.
The Bitcoin halving is set to take place in 2024, and many in our community are eagerly anticipating this event. Recently, the price of Bitcoin has spiked, reaching $50,000 in December 2021. I have come across several articles predicting that the price of Bitcoin will reach $288,000 by
December 2024.
Are you of the opinion that Bitcoin will reach its projected price point or do you think it will fall short of the target?