Bitcoin is the biggest cryptocurrency in the market and all the coins are considered only after this coin so it is obvious that the price of this coin is going to be very high which is currently trading around 116k US dollars. There was a time in this coin was available for less than 10000 US dollars but now the situation is completely different and from that point of value it's value has grown significantly in last one year if I would say and I hope that this trend will continue to happen
People are anticipating that the value of Bitcoin is going to be even more higher in future and that is the reason why it is still making sense to invest on the Bitcoin if you are expecting profit booking not in the short term but primarily in the long term. You never know if the value of Bitcoin is also going to be 1 million some day and if that happens then the people invested on this coin will be become rich but it is not going to happen overnight
The current price of Bitcoin that you see in the chart shared above it showing that it is moving towards 120k usd mark. The gap is very mineral because even if 5% increase can take it much fire then that and that the reason why I feel that if this trend continues to happen then surely we will see it touching 120 K price mark oh maybe even more if the market stage like this BC in the current scenario
The overall adoption for a bitcoin is growing up and its really great news for all of us part of the crypto market because with growing adoption we can also expect more value coming to the Crypto market and that's a good sign.
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