Bitcoin is unpredictable - stunning flights up are replaced by frightening falls, and after consolidation at the bottom, new trips to the moon begin. But the global trend is obvious - every cycle this very “moon” is higher and higher, new and new records are updated - $1000, $20,000, $69,000 - further and further: it’s a matter of time with logical bearish corrections along the way.
Bitcoin is deflationary by nature (unlike the endlessly printed dollar) - its emission is limited to 21 million coins; in a hundred years, this cryptocurrency will no longer appear, and its holders will become akin to collectors.
Limited is always valuable! If gold lay underfoot instead of stones, it would be worth nothing - but even in the case of a precious metal, it is unknown when its mining will end and how much of it is still in nature.
With Bitcoin, everything is clear and clearly regulated by the original protocol of Satoshi Nakamoto - that is why there is no doubt about the bright future of the cryptocurrency, and ATH $64k is just one of the milestones of the global trend!
