The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?
"always been clamped within $5500-6000"? When? It dipped and touched 5800 today, but that's it. In June it briefly floated between these two lines for a day or two. And in Jan we saw a quick kiss of 5900.
Exaggerating about the price doesn't help with trading psychology. If you really need to follow it that closely, be precise. It will probably be more beneficial for you not to follow it like that though, because you need to think more about your long term goals. If you want to do some scalping and short term trading, maybe forex might be better.