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?
Sure we will see price go back up to 20k or even higher. The real question is "when?". Unless someone invents something as innovative as bitcoin once was... In this case we, the bitcoin hodlers, are screwed
We, the bitcoin holders are not screwed. We just need to have a bit of patience. The price will rise again, well have more epic bull runs as the years pass. We just cant control when, its not a short term investment, if youre after quick profits then bitcoin is not for you.
Indeed, this must be the ultimate test of every bitcoin fanatics. Patience wasn't just that of quick turns of scenario, but for now it dominated us in terms of asset assurance. That's why most of us really had a worst nosebleeds, particular on analyzing the current situations that had happened. Long term trades is recommended for this moment, for us to earn and acquire huge profit gains.