Bitcoin's price movement has been pretty sideways in the first quarter of 2021. Given the expectations for a $100,000 price target since 2021, such sideway price movements do seem a bit disappointing for some. Are we expecting this sideway price movements of Bitcoin to eventually set the stage for an explosive price growth soon? Before we answer that, let's probably explore some fundamentals of Bitcoin. In an earlier post that I have on Bitcoin, I explained why the long term trend for Bitcoin is bullish and highlighted a few key metrics which we need to observe about Bitcoin to ensure its viability as a digital currency for mass adoption. So far, things have been looking great with the hash rate reaching an all time high a week ago. An idea that was probably not covered in that blog post was probably the growth of Bitcoin's adoption in terms of active addresses and how closely that was representing internet adoption in the...