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.
As at yesterday morning bitcoin went as high as $8390 when I check my wallet and I think it is currently more of the uptrend than downtrend. I expect a very serious explosion after this corrections that is happening now as it is still strong above $8000.