Since 4.13, when Bitcoin suddenly pulled up, does it mean that the bottoming is successful, Bitcoin will usher in a price increase, and it is expected to exceed $11,700, or even higher.
It wil not necessarily hike that much in the first place. There is still great path for the bitcoin to over come. I mean people are still in shock when they saw the prices going up and I can read all over the forum people asking about is it the right time to buy the BTC or not.
This means only one thing to me, people are still not buying the BTC even if they are seeing the bitcoin prices going up. If they started to do that already then we could have seen the prices going up by this time. But its good that the natural pump is happening in the parts as each time new lot of investors put money into it then it creates new buy walls thus systematically pushing it upwards.