Today, the Bitcoin is trading above $11,000 up 13.6% and has moved by $1307.06 in the single day with a total volume of $1.57B. Though Bitcoin is showing the bullish signals on the charts some of the parameters suggests that Bitcoin got overbought. Its necessary for the BTCUSD to form a strong support and resistance level.
Is it really a bubble?
https://coincrump.com/bitcoin-price-crossed-11000/Its not a bubble it is the actual way bitcoin should work and should be working in the future too. The price fluctuation is all about the market correction currently and also with the high leaps taken currently many investors were surprised to the up surge of the bitcoin. This. has attracted many more investors towards the bitcoin and now it is the time they put all new stakes over the bitcoin and hence the 1.57++ Billion market cap.
There is no way this can be stopped though any means and the market cap is real with real demand and supply equation of the bitcoin. So once again it does not look like any bubble and it won't be really. :-) Lets have peace and let the bitcoin keep increasing in its value day by day.