For the past three weeks bitcoin remain a little bit above $6,500 and there is no effort to push above $7,000. I believe that the next breakout may create another market directions that should push bitcoin above $10,000 if the breakout is bullish or dump it to $5500 area. I will like to know your view if bitcoin will get to $10,000 this year again.
Even now as I checked, price has dropped below the $6,500 resistance level that has been built for weeks but we are not perturbed as it is expected. Now is the time everyone needs to reconsider his expectation on what the price needs to be. At this point, it won't be out of place to conclude that we might not see $10,000 anytime soon. It might sound pessimistic but its better to face the fact and gets disappointed in the positive way than raise the bar only to get the negative surprise eventually.
But what I have come to now observe is that there has been scanty bad news that is always present in the crypto space for a while now only for them to start resurfacing the moment there is a pick in the price of bitcoin. Conclusively, people brace up people the coming days are going to be a tough run.