It's too early to say in my opinion. If anything, I'd probably just call it a price consolidation. While yes, the price increased by $800 if only a few days, but also take note that the prices also crashed from $4000+ to $3200 in a short time span. Is it going to continue to go up? No one knows, but my guess is that $3200 isn't the floor. yet. I repeat, it's just my guess. Trade wisely.
Yeah thats just a wild guess maybe mate.?but it was the bottom $3,200 is the lowest weve got and now starting to pump already,sitting at $4,800-5,200 is a good indicator of barricade was already broken and we are only waiting for the signal to spike the value again these days
Hopefully that we floor already, $3,200 is the lowest IMO and we will never see that again.
If we end up at $5,000 this year, it would still be fine for me and for sure everyone will happily accept it since its's a major improvement already.