Bitcoin is once again gaining speed, and people are confused and asking, "How high can it go this time?” They are confused whether this is the end of this bull run or just a start for the bitcoin.
In my opinion, a $200,000 target is possible and the biggest reason is that big institutions are still interested in BTC. Banks, hedge funds, and large investors see BTC like gold and even better then gold. Its a safe asset that works against inflation.
During this bull run I noted that majority of the investors were interested in Bitcoin only. We see that Bitcoin kept on making all time high while other altcoins remain at their lowest value.
The special thing about this rally is that this time, not only BTC but also altcoins can perform really well. I feel that this time the altseason will be very different from the past ones. They can perform in a very best way and good altcoins will see its all time high.
If you are still confused whether to invest right now or not, I will recommend its the best time for investment. Its my opinion not any financial advice.
What do you people think about this bull run? What will be the end price of Bitcoin this bull run? Will be glad to see your answers in the comment section.
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Best Wishes.