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If Bitcoin will time and again comes under the scrutiny of various countries, I do not think Bitcoin price will g very high. If you don't believe me just check what China has been doing in the last 7-8 years.
Whatever China is trying to do with cryptocurrency is not going to stop cryptocurrency because China is not the only country in the world that invest in cryptocurrency. Africa also invest in cryptocurrency including the United States. So you mean because of china the cryptocurrency will crash ?If Bitcoin will time and again comes under the scrutiny of various countries, I do not think Bitcoin price will g very high. If you don't believe me just check what China has been doing in the last 7-8 years.
No one can actually predict the value of cryptocurrency in 10 years time but from all indications there is possibilities it will continue to increase in value amidst the fluctuations. I'm even predicting it will surpass $70k next year.Some analyst shows that it will be $500k. but predicting crypto currency is very difficult. within minutes goes up and within minutes goes down.
I Understand The higher the number of investors In The bitcoin's blockchain the higher price and its overall value, my own prediction is that it is possible for us to see bitcoins at 500000 thousands dollars in the next 10 years from now.I think bitcoin will be more valuable and acceptable in the future, because people are becoming more digital every day more over we are in a digital era, were people prefer online businesses.
This price is realistic in the next 10 years though some analysts are already predicting Bitcoin to reach $200,000 this year when it price is still struggling to break $50,000 in the last one month.The price of Bitcoin could reach as high as $200,000 within the next ten years as I am believing that by then, a lot of us may have shared the relevance of Bitcoin and there would be increased adoption.