Quote from: aso118 on April 20, 2018, 08:14:17 PM

It seems to be inching up and has crossed $8,500 now. That is definitely a good sign and there is potential to go higher. Altcoins have rallied much higher and bitcoin's dominance has come down. If that corrects, we should be looking at 5 digits very soon.

The real challenge will start once we're heading closer to the $9000 mark, and there we will find out whether we go up further, or come down again for a short while to fuel up for another attempt a day or two later.

Altcoins naturally jump up much higher than Bitcoin does, which shouldn't be a surprise. Altcoins require far lower buy demand in order to move up big time, while Bitcoin as being the big brother, needs more capital to grow larger.

It's great to see how people have calmed down significantly in the last week. Higher price means average joes gain more confidence, and more average joe confidence will lead them to finally pull the trigger.

The frequently seen larger dumps seem to be over, which helps as well.