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?
Until this year would not end then i'm very optimistic that Bitcoin will be in All Time High again. I believed that this constant price decreasing is manipulated so that the big whales could start to pump Bitcoin price again at a lower price so that they could gain enough if they will buy it low and sell it high again once the Bitcoin will reach the ATH again by this year.
Well the manipulation is there but the current holders i think are long time btc users and they're fully aware of what's happening. That's why panic selling won't be as rampant as a couple of months ago and a drastic decline below this year's all time low would also be unlikely.