Bitcoin price is $3000+ in Chinese Market. When do you think it will reach $4500?
If the price movement would really behave on this way then its possible to reach out that price range but it wont really be short since it would really takes months or even on next years price. We cant still be sure but theres always a possibility ,I don't know what drives for the price to rise up so fast as of these days lets say the demand is increasing but this kind of movement really worries me off. Price dips would surely happen next.
Maybe the expectation of the people to rise up for more drives this price to bend up for more and for seeing this to be happen right now most provably the holders of btc are holding their coins for so long and we can actually expect for more upper thrend to be happen since the bitcoin is much supported right now. And maybe you will right for the dip but I'm so sure that price bounce will be happen since more alts are dependable with btc right now.