The current preev rate is hovering around the $3900 level for a week. From my point of view, it will try to make fake breakouts next to the $4500 level. If bull can hold the $4500 level then talking about higher levels will be next target in Bitcoin analyzing.
I'm grateful to see the price of bitcoin return to the price of $ 4k today. although it cannot be considered stable, this seems to be quite good in the development of bitcoin prices. I think bitcoin will lead to better development.
If Bitcoin price continues to operate the way it is now and maintain its stability for a while, this might start making it more reliable for users wishing to store up their fund in bitcoin.
I think what we honestly need is a stable coin that people can trust to have as future asset they can rely on at any point in time, just like people easily invest in gold and leave it for a very long time without even any form of security that makes Bitcoin more outstanding.
If we can get lots of adopters of bitcoin when it becomes stables, it will surely make the price of Bitcoin shoot up and may not be forced into bear market again irrespective of the dumping that may occur then, because the number of users for asset purpose will surely be more than the number of users for investment/trading.