Almost lost $1000 today in values in last two days. Just heard the bull has just entered. What's really causing this impact? The price was bit fluctuating between $8500 to $7500 for past ten days but today's impact brought down the value near $7500. Are we towards $6000?
The process of transforming the crypto market is fast and complex. Rapid price increases and rapid evaporation are normal. I think the number of trade participants is huge. They anticipate Bitcoin prices will increase and when Bitcoin increases they accelerate the price. But $ 6,000 is hard to come by when the $ 7,277 is a problem. Bitcoin will be priced at $ 10,000 in September.