Bitcoin up only 110% this year?
The everchanging value of bitcoin leaves a lot of space to think about it as an investment. With the increase popularity and demand of newly established digital coins it's easy to understand why some might think the crypto market is getting oversaturated. After all this past year bitcoin only had been up 110%. As of now Solana is the fifth largest cryptocurrency on the market. A total newcomer and a titan when it comes to judging by market cap.
The Future price target for Bitcoin can be very sepculative.Bitcoin is expected to reach $100,000 in 2023, according to some analysts, while others estimate a six-digit price as early as 2022. Is that even in the realms of plausability? Who knows? I would love to hear what you have to say about this topic. What do you think the future of BTC looks like?
One of the criticisms leveled at several cryptocurrencies, particularly Bitcoin, is that their creation consumes too much energy. A lot of the prediction impliy that BTC will become more Sustainable. Do you see this happening?