It might happen because taxation was somewhere implemented upon btcs during this dip so when tax barrier would remove it will rise
Many people had same sort of thinking and experts also predict bitcoin to move forward after bringing down this obstacle of taxation. It was supposed to be done in this month of April and the date was 17 of April, if I were not misled by internet. But bitcoin started to rise before this date and now the even has already occurred, bitcoin is capable of touching 10k to 11k dollars by the end of this month.
All those who have invested their money into bitcoin are keen to know the market value of the bitcoin soon but none of them knows the exact market value of the bitcoin as bitcoin is highly volatile coin and it is very much difficult to predict its market value. However, there are certain news which says that in the next few weeks, the market value of bitcoin will reach by 20k$ or even more than that.