I have been following bitcoin price's actions since August last year and one thing that is common is that price pattern do repeat itself. Event that happens in July to August this year is about to repeat itself again. I have been going through a lot of speculations threads and many of them are saying that bitcoin is going to clash after splitting but I disagree with that and for your information another pump is about to happen and this is going to push bitcoin price above $8,000. I have also see that this may happen before end of this year.
I believe on this not only because I am hoping to earn but also because this is exactly how the market is moving. At the moment, things are very shaky with the Bitcoin and the main reason of course again is the law of supply and demand. But this supply and demand movement that affects the whole market of cryptocurrency is also just an effect from the external factors like the government.