There is still a long way to go.

in #hive-1679229 hours ago

There is still a long way to go. This is the phrase I have titled this article with and with which I want to emphasize that 100K is not the end of the Bitcoin rise. I don't even think it is the end of the rise in the short term.

Free to use under the Pixabay Content License

Once the 100K mark is surpassed, the next general medium-term objective will undoubtedly be 1M. Along the way, there will be many ups and downs and we will hear things like that famous one from the ECB. In case you don't remember, just a year or so ago when Bitcoin was close to 20K, it literally said that "Bitcoin is heading towards irrelevance." It is likely that in the medium term we will see the central banks of Europe accumulating Bitcoin and other cryptocurrencies as a reserve of value.
This is the reason why you should never listen to the authorities before making a financial decision. They do not look after the interests of citizens but rather take advantage of them.

But returning to Bitcoin, in the medium term it will complement the Gold market and that will make it reach much higher levels than now. And that will only be the appetizer for the long term when it will take over the world financial system.

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