BTC at $47,000 A Fair Deal

Every product goes through a phase in the market after it's production and introduction into the market. Bitcoin is one of such products or shall we say projects. It's going from introduction, to awareness creation to feedbacks to adoption and all.

Bitcoin been the pioneer project in the Crypto industry space has been forthright weathering the storm and paving the way for new projects to spring up in the market space.

Bitcoin is now forming higher highs and higher lows with any hype fe any quarters despite some country's resistance to it. A major country China that caused a major FUD in the market has not changed his mind but the market and product is putting that behind them and moving on without China. This is a strong statement saying that the market price of BTC now at an average of $47,000 may be the least price for the project in the nearest months and years to come.

Just as $16,000 was the least price it ever was as at November 2020 and never kissed that price again even when the market went REKT and lots of FUD everywhere. Now, there are many and major adoptions springing up and market stability is setting in. You can be rest assured that BTC won't kiss the $29k - $33k price again. Expecting a new ATH for BTC anytime soon.