I can remember that the value of Bitcoin was at $400 for a very long time but was also because of that fact that the price was stable for a long time.
We have now passed this and we are moving on the halving is coming soon and people are very excited about it.
Yeah, $400/btc is history. It stayed there though for quite some time. Now that the price of bitcoin is soaring high, especial;ly with the bitcoin halving that is about to happen, it excites me all the more about how high the price can really reach.
The price could also stay around $650 for a few months and then rise over 50% like it did a month ago.