We know that bitcoin is the best valuable digital crypto in cryptocurrency market. Because we know that it's price stay in high position than others coin.But now-a-days USA president joe Biden said that,The one who earns more will pay more tax.So I believed that unfortunately dump for bitcoin is the main reason to cryptocurrency market.But we believed that gradually it's price will increase day by day,and I also believe that it's popularity will increase.
in terms of price there may still be coins that are more expensive than bitcoin, , but if you look at the market cap, bitcoin so far no one can compete, maybe it is difficult to replace it. even though in crypto nothing is impossible, but maybe this must be realistic too.
All countries may determine something with rules that are made as long as it is profitable for state income and crypto is not disturbed by this, it can instead become a foothold with legal regulations.
Bitcoin will reach its peak at the end of the year if we look at the halving effects that have occurred first and second. now is the third halving and we expect that the halving effect will start moving in Q2-Q3 which will make bitcoin even more pronounced and excited. Currently, the effects of large buying companies and brokers are still there, so the increase is still there.