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.
In April when this uptrend of a thing started, the price moved from $3,300 to $5000 and then it became stable at that time and even dropped back to around $4000 plus, and everyone thought it was going back to a lower price then it started to go back to $5000, and we thought that this month of May that it is going to reach just $6000 but it has passed that $6000 and gotten to $8000.
So what else are you expecting, you should try to have patience and not rush and try to follow up some market analysis, in case something else happens. But what I know is that this is like a short break, before you know what's happening it will start going up again.