Well what's your guess with regard to the further market's pulse?
That would be a fall? What relative indicators can you see? Nothing. Possible negative news in mass media, no.. people are taught by the previous news fakes like limitations in India..
It would more likely be a growth chain reaction in spite of a little market correction or a big sales..
Anyway what's your opinion?
I don't really see the regulation FUD going away this year. Plus, I don't think that the bear market has found its true bottom yet, so the chances of there being further dumps after this pump is over is very high.
The price is still going up lightning fast, and to me that is not sustainable for much longer. Usually rallies only last weeks at a time before a dramatic fall.
Long term, I'm still very optimistic on bitcoin picking up price and adoption. But since this bear mrket probably isn't over yet, after BTC hits a strong resistance most likely around the $10k mark, prices will go down in the short run imo.