Will Bitcoin complete a 4th Elliot wave ABCDE correction before going on a massive run to $23,000? Or, will Bitcoin break $6,000 and head to the bottom of the log chart to find support around $3,000?
Regardless, I'm long on BTC into the distant future. But, they must address the following issues if we want to see a high valuation in the coming years:
1. Divided community
2. Slow transaction time
3. High transaction fees
4. Centralized ASIC mining
5. Block Size
6. Unconfirmed transactions
7. 51% attack vulnerabilities
8. Difficulty adjustment
9. Transactions per second
Bitcoin needs to evolve. In my humble opinion, Bitcoin should integrate Digibyte's technology.