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.
There have found some good improvements and it will continue this way, we will have to keep our eyes on the market, there are some people in who says wrong just to distract us and take advantage of our unawareness, better not to listen them just have patience and wait for long term profiting, this years price is expected to be high more than 6k surely.