Everyone is Afraid, The Market is Red - The Opposite Will Happen

Cryptocurrencies are going down a lot and the market is filling up in red. I don’t know what could happen, but the only thing I know is that Bitcoin is going against expectations, which I have learned over the past years.

Everyone started to fear and panic and expect the decline if the decline will not continue, otherwise the future traders will become billionaires, so I will talk in this post with a somewhat positive view of what Bitcoin can reach at the end of the year.

That in the worst case scenario, and according to predictions, perhaps at the end of the year, the bitcoin sample will reach the $100k stage, which is very optimistic given the recent bad developments in the market.

By comparing bitcoin to precious metals such as gold and silver, use the data to illustrate a certain relationship between fees and shortages in a given asset based on the basic assumption that the less complex a commodity is to produce, the more difficult it is to hold it. their value, assuming that demand remains stable.

Demand for bitcoin will be driven by predatory governments charging poor activity rates, billionaires who hedge against inflation, and institutional investors.

This information, mixed with the laws of electricity with reference to the most important fundamentals that Bitcoin fees recur frequently, have all contributed to what has been tested to be very strong over the past couple of years.

Will Bitcoin do that and enter the 6-digit stage?
The course to the 6-digit Bitcoin fee will not be easy.

But with a constructive view of the cost of bitcoin by the end of this year, and that it will likely reach a hundred thousand dollars, which indicates a possible weakness in the next few months due to a more compelling reason to be printed later.

The formation of the current death movement may also be an issue with this expected weakness.

But according to “PlanB”, Bitcoin’s long-term goals remain the same, and according to him, they appear to be higher than ever, so it will be necessary for Bitcoin owners to weather the storm and continue to “HODL.”

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By @natalia-irish

Thank You

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