Everyone in the crypto world has participated in this debate at one time or another. And it is that, for cryptocurrency users, the future of the price of Bitcoin is one of the most important topics of discussion. Facing those who believe that it has not reached its full potential, with those who think it is an overvalued asset. That is why crypto influencer Scott Melker commented on the Tweet of the day why he believes that the price of Bitcoin will inevitably rise:
The future of Bitcoin price
What is the true price of Bitcoin? This is the question that haunts the minds of millions of people around the world, who enter the crypto market with certain expectations regarding the price of the largest cryptocurrency in history.
And, after the great bullish rally of 2017, a good part of the users who entered the world of cryptocurrencies, did so, attracted by the possibility that Bitcoin had not yet reached its maximum price. So the cryptoactive could grow exponentially again in the coming years. Generating higher profits for those who invest their capital in virtual currency.
For crypto world analysts, this trend would make sense. After all, if the demand for Bitcoin is only increasing, while its supply remains limited, the basic rules of the law of supply and demand indicate that there must be an increase in the price of Bitcoin. An idea that Scott Melker reflects through his Twitter account.
«Everyone is going to want to buy #Bitcoin and there won’t be enough on the market. Can you explain the reason why the price will inevitably rise to a 5 year old».
In this way, Scott Melker reaffirms his full confidence in an upcoming increase in the price of Bitcoin. At a time when more and more voices within the crypto market begin to be critical of this vision. Trusting that, on the contrary, the price of the cryptocurrency will stabilize when it reaches maturity. A perspective rejected by BTC advocates like Melker himself.