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?
For prices to skyrocket, I don't think it will be in the current year, and my prediction of the market will continue to be bearish until the end of the year is only a slight surge and again decline.
I hope this will be a gap for investors to buy coin coins at this declining price, and start not to sell because everyone wants next year there is a market change to bullrun and not to continue to be bearish
Obviously, no realistic person will expect a huge spike this year and even if we do, it would not be to start imprinting a new ATH with the likelihood of not even reaching the previous ATH before the end of the year.
So far, the market is still trying to hold up but getting a lot weak as it keeps thriving to move upward. What is important now is to see how the market is going to be like in coming days and how the bulls are able to bring out a good statement towards participation in the market for smart moneys.