Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.
I think it's difficult to say it now that bitcoin will reach $8000 because some exchange have difficulties about USDT and tether decision let's see what will be happen in a next few days and weeks about the price.
We are speculating an accurate vision based on how the market value pump in a rapid way, the current value of bitcoin has heading up $6k but it is hard for us to visionize the possible outcome as the market has carrying high volatilization. And with our positive determination, we can engage positive consequences and maybe its value will exceed beyond the desirable peak.
I can see your point here mate, this will have good journeys to follow when people gain 100% confidence over the recent situations. That price isn't impossible to be meet soon, and since we're moving forward some of the bad news also in parallel with the current progress. Thankfully the strong and knowledgeable traders who happened to buy bitcoin these days, we're affected some sorts of trash stories. That's an indication of a huge potential on bitcoin to achieve that higher price in the future.