Nobody is sure when it comes to crypto future but I expect bloodshed for year or two. The next zone for btc should be 4700$ - 5200$, and I allow myself to say that risk reward is great right now. Recovery for btc will last some time and then we will go deep again (zone of $2500). Be wise fellas
if bitcoin price down again to zone $2500, it could be disaster for cryptocurrency community.and maybe we will loss more investors in this market.they bored to face this condition.3000$ is a big support and bitcoin will not fall below that level. I think bitcoin has seen the bottom of 3200$ and now its the reversal time.
We don't know that yet, someone can just invest a big money on Bitcoin.
It is great that if someone invest a huge amount on Bitcoin the price will surely increase but what if that investor just wants it to pump a little bit and then after a maybe $500-$600 price pump sell again? That will make an effect to the price again dumping. There are a lot of factors that can affect the price of Bitcoin and we should not be confident that it will pump, instead lets adjust to this changes.