The bitcoin price has broken up. It has changed from the $420 to $470 trading range. The next leg is up.
The priceo f bitcoin is around $540 now. I wish it will not rise too fast. It should stay around here for some days.
The price is %570 now. It is very strong. I thought it would test $500 again after the last rise, but it did not.
I think the market manipulators would try to short the coin and make a lot of money, but they cannot do it, there is big buying power.
If the market trend is up, even the big whales cannot do it against the general trend. They might cause the market to drop briefly.
I think the price movement tells us to buy and hold. IMO, this will continue to rise until we can achieve $1,000 by the end of the year. That is very possible if you analyze the way bitcoins moves right now. Good future ahead of bitcoins holders and investors.