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?
There are many reports coming that claims the bitcoin price will go down to $5k so I expect the same also as the ETF is also being postponed and it's said that it would not be accepted for more than 2 more months. So there isn't any chance of the bitcoin price increase but we can expect the price decrease as the Miners also need money to mine bitcoin for paying electricity bills so they could have to take a hit in selling the coins at a low price.