Hey guys, bitcon is now 6k again... what do you think, will bitcoin go to 5k or it is just a short fall and it is going to be 8k again soon?
The price is already the second day of 8100 $. And I think the price will not fall to $ 6000. Most likely soon there will be a stable growth.
I still believe Bitcoin is searching for bottom. Although mist think we already reached it I think they are wrong. But I also believe we are finally really close to it.
I don't think that we have reached bottom this year, because the bulls was not able to take control of the market. Although the price is still above $8K, but it has fallen drastically from as high as $8500. We might have to test bottom again once the news of ETF goes out next week. I'm thinking that we might hear bad news, so everyone should be prepared for the worst. Its better to anticipate the worst than be caught off guard.