What makes gold valuable? because gold is a very rare element
Why is the USD valuable? Because it has a fair value, I can buy things with it.
Why is Bitcoin valuable? because Bitcoin has a real use and a limited amount.
You know, there are only 17 million bitcoins in circulation that can reach no more than 22 million. The adoption of Bitcoin is increasing day by day.
Japan has explained the legal currency of Bitcoin, Bitcoin is often used in Japan.
The University of Vietnam accepts enrollment in Bitcoin.
You can buy real estate in England with Bitcoin.
Some countries offer their citizenship for Bitcoin.
And the list is long, my point is that Bitcoin is widely accepted. And there is only a very small proportion of people invested in Bitcoin. Only 22 million people can have a single bitcoin. When the use of Bitcoin increases and people begin to understand that this is not a bluff or a pyramid program, more people will invest in it and the price will increase.
Most TA, DA or chart analyzes have no value in the cryptic world. My prediction is that Bitcoin will reach $ 20,000 - $ 25,000 by the end of 2018 and $ 50,000 by 2019.
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