Bitcoin is now starting to improve and I think it will break the previous highs in the next few days. What do you think?
The future of Bitcoin is bright... or is it?
I guess as long as there are investors who choose to invest in it, and the governments around the world will not try to ban it in every single country then the future is bright for this asset.
There are some people already who said that "Bitcoin is here to stay" and with the acceptance of Spot Bitcoin ETF, that increases the chances of Bitcoin staying for a very long time thus, we can say that the future is bright for Bitcoin. Of course, I might be wrong as well, and the opposite might happen as well. In 10-20 years, we might see a coin that can outperform Bitcoin, or worse, we might see a coin that's relatively better than Bitcoin. We might see a shift toward which assets investors invest their money in. We don't know, but one thing's for sure. Bitcoin's here to stay.
As for your question, it will not. I believe that one big news will make it, but as of now, nothing's happening. We are currently seeing Bitcoin moving sideways for a week already. Let's wait and see what will be the direction the price of Bitcoin is moving.