We have been at around $8000 for two days already with minimal fluctuations. We have flatlined at that number.
The price of $8000 seems to be a huge barrier for Bitcoin.
What is going on? Should we expect Bitcoin to go above 8K and land on the Moon, or is there going to be a very serious and devastating dip down to $4000?
Discuss.
Lets see. If $8000 travels between $7950 to $8050 for few more hours or 24 hours, then we can yes certainly expect a spike again moving to $9000 in another 48 hours. But if the value comes down to $7000, then yes, can expect a down fall to $5000 again in another 48 hours. Lets wait for another 5 more hours.