No, it is not. the price of bitcoin is decreasing because of the finishing fork recently. People were holding bitcoin in order to receive free bitcoin gold and after the fork, there is no point holding bitcoin anymore. They convert their money into usdt or other cryptocurrencies which have more chance to increase the price than bitcoin. However, the upcoming hard fork will definitely impact the price of bitcoin which will make bitcoin even higher than $6000. I expect that the highest peak will be $6500