For now it's stuck at $2480-$2560 does two months ago ring any bells when price were in balance between $1080-$1180? it was like 2 years ago or seems like it, I bet in one month we'll hit $3500 and then talk about $5000 while $2500 will become yesterday's news.
Good analysis, I also believe price of bitcoin in this month will reach $3000 and I will be willing to wait for the achievement, because I think before entering august the bitcoin price will skyrocket again and I do not know the story about bitcoin after entering the month of august which has predicted that bitcoin price will down and some are forecast to continue to rise and skyrocket again. I do not know.
Bitcoin will not be able to reach the 4000$ value or more than that. Bitcoin has exponentially increased in value this year and even pumped up to 3000$ before it went down. Today its price is again moving up but we can see that the new trend traps the value of bitcoin between 2200$ to 2500$. With it we can be certain that another spike in bitcoins value will no longer appear since it has already been done already this year. What we could least expect for bitcoin is for it to hit 3000 $ value by December this year. If we are going to spike 4000$ or more it will be next year so let us just hold on to our bitcoin and sell it next year.
Yes, there is a possibility that you say it will true happen because the bitcoin price increase only stuck at $2500/$2600, but there is still time to arrive at the end of the month and fluctuations are still likely to happen, and hopefully pumping will happen near the end of this month.
It is an accepted fact that bitcoin is in competition with altcoin but it should be kept in mind that bitcoin is far superior and valuable than altcoin. A new update to the bitcoin scaling debate names Segwitx2 has gathered notable support. This update might lead to a hopeful increase in the price of bitcoin.
The bitcoin hash rate has also been affected due to the large scale demand of bitcoin mining in Russia. However, this above information can be proven as mortal in regards to the value of a bitcoin to be $4000.
There no guarantee about price increase after than event and also we wont know if it would be approved or not. If it does we wont know what would happen next after that. Price increase would really possible on bitcoin since we did already witnessed it on the years that have passed on bitcoin and still continue to progress as the time goes by.