we see the Bitcoin price going very down from last 3 months but now we see $6500 to $7000 from last 15 to 20 days.
Now according to my opinion the price of Bitcoin ready to touch $ 15000 to $20000 in next 3 months.
What would you think.
Of course Bitcoin will always be ready, but the questions is are there enough investors to push the price to $15000 to $20000? As you have said we are in the downtrend for more than 3 months and the trend continues what would make more people pump more money if the price keeps on sliding? For me, I ok with the price going moving along the $7000-$10000 and not the sudden burst we have seen last December. Just like they say, slowly but surely, unlike those artificial pumps that we have witness and then a dramatic crashed that up to now everyone is really worried and getting out and very afraid of the downtrend.