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.
Today, Bitcoin has finally surpassed the $ 6,000 price mark, and, according to CoinMarketCap, now its price is $ 6,068. Psychological barrier in 6000 dollars passed. It remains for him to go through the price of 6500 dollars and we can assume that the further growth of the cryptocurrency market will be provided. Bitcoin is unlikely to surprise us with its price this year, but by the end of the year we can hope for its price of 10,000 - 12,000 dollars.
It is an exciting moment, but we should not get too over excited yet, sustenance is what really matters here, are we strong enough to sustain this value, although I dint expect it to stabilize on this value without having a retest of $5800, but it will take less than a week for it to finally sustaining above $6000 if there is any issue of retest.
With this steady and impressive movement of bitcoin, we dont which value it will yet get to by the end of the year, but I would also like to believe it will get above and break the barrier of $12k before the new year 2020, those who continues to hold may really get part of their reward this year.