Well, everybody is expecting the bitcoin price to skyrocket again just like the last year 2017 but instead, the bitcoin is full of surprises. The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently going downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?
Either of the two seems possible at the moment. Bitcoin falls down to below $5k and then it seems like the bears are not yet done. There is still a possibility that it would continue to go down or maybe, those who has the funds are just waiting for the time when the market seems like recovering again. The price now is cheap but there is a possibility that it would be more cheaper in the coming days or would be expensive so it would depend on your plan then as to how you would approach the market now so that you can take advantage of it.