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?
I think that for a very skyrocketing price, it will be very much later by the bounty hunters, hopefully by the end of this year the price of bitcoin will skyrocket again.
We probably will see less of that skyrocketing price prices now for any coin. Of course pumps and dumps will always be there as well as recoveries and corrections but a x100 or more movement could be pretty much unlikely.