Do you guys see how fast the market cap is climbing right now??? its insane, all time high coming soon I predict!
This is only normal, bitcoin didn't deserve to be so low from the start. Markets are starting to realize this, and since the price has been sitting around $10k-11k for the past few days, they feel safe to buy in one again.
But it's really no reason to say that we're mooning from this point. We're going to moon sooner or later, but we're not there yet. First, we will have to break $15k which is a important milestone for bitcoin price. Then, the ATH may dwindle and be replaced by a new one.
When we're at that stage, you can safely call it "mooning". Right now, i'm still cautiously optimistic.
Yup! this is not mooning or we can not see bitcoin taking further of to the moon, Because this is just recovering from the gloomy market that we had so I suggest to buckle up and buy your bitcoin if there are still a chance to buy low, But I can never say that it is safe to say and to assume that we can break in the $20,000 mark because of the recent news there are some investors having doubt to this for bitcoin to make another bull run.