Hello everyone
You all are worried about the price of bitcoin that why it is not increasing in value and you forgot the previous two years. In the previous two years we saw a situation that from the month of January to May the price was near to stability stable and with slow move and then after the month of June the price started to increase and it doubled up much faster and multiplied many times. It is sure that we saw a situation in the previous two years then we will also see it in this year. So get ready as the train will start within a few days.
I think that's pretty unlikely.
Right now even though the markets are somewhat stabilising at the $7k+ level with $7k has support, I still don't think that it's enough to suggest that we'll all of a sudden reverse the trend from bearish to bullish.
Don't forget that we're still in a market with sentiments that are extremely bearish. I feel like that this bear market will probably last until end of this year/start of the next year. Sure, there may be a small rally here and there this month, but that will most likely be met with a correction soon enough. The real recovery won't happen until a few months later I believe.