Before the court's ruling in favour of Grayscale, there were tons of voices that roared about Bitcoin falling back to 10k levels for bottom confirmation. However these bearish sentiments were no different to those of previous bear market when almost everyone claimed that Bitcoin would retrace to $1k. But that didn't happen and neither happen $10k.
Congratulations Bulls! And to all my Bear friends a bit of an advice, "This is market and everything valuable with a limited supply only goes higher". No one can deny that Bitcoin is valuable and the fact that it's scarce, makes it invincible.
Face it! Bitcoin is up nearly 100% (not for the first time) from the lowest of 2022. Bitcoin started trading at $0.003 in 2010 and reached about $70k in about 12 years. Even if we take that Bitcoin started with $1, it's multiplied 30000 times for its current value. Bitcoin is adopted as legal tender, institutions are lobbying behind it, people are getting over the notion of paper money. The times are changing my friend! And times will fly high on the wings of Bitcoin.
Bitcoin Won't be at $10k ever again be
