[ithos]

Bitcoin probably has some major moves to the upside left in it. The crypto whales still have the same manipulative tricks up their sleeves and there will probably be another wave of hedge funds and billionaires who will dive in for the first time because of FOMO. But the recovery from 80% pull backs that so many talk about happened when the market cap was much lower so it took far less inflow of new money to make that happen. The higher it goes the more greater fool money it will take to keep it thriving as so many early adopters are cashing in while they can.

Also if you look at the major moves they were when PayPal became brokers, derivative markets entered the fray and when the bitcoin ETF was created. The only catalyst you have left that I can think of is if governments start to pile in like El Salvador did.

I still believe that Tether will be its downfall once it has been exposed or a superior crypto becomes widely adopted. Also there are many major institutions and corporations who piled in late have to report why their investments dropped 30 to 40% in one or two quarters that will not repeat that mistake.