Not really just because of the increased buying orders we cannot cross the $3000 by today. The price is not that moving faster, it is moving in a sustained manner. Based on this I hope the price could reach $3000 within a week's time and not today or tomorrow.
Why not ? i mean , if the price can go down 500$ in few hours (yesterday) , why not up with 500$ in a day ? Possible ?
A share or a currency goes down in few min/hrs , that's why its called SHORT position = goes down quickly = because it creates panic sells
To go up , a share or a currency takes time = that's why its called a LONG position = because it takes longer time to grow (people gaining trust and start buying again ) ,
Right now we are seeing a nice bitcoin recovery from yesterday's dip , you can see it on the chart = its recovering @2680-2720 range if it stays at this range = we will cross 3,000 up to 3,500 $ in few days