For the last 48 to 72 hours, the Bitcoin prices have stabilized at $8,000 per coin levels (Coinmarketcap shows a price of $7,896 per coin as of now). If this trend continues for the rest of the week, then we can expect the traders to start booking profit. And this may result in a correction, which can take the prices to somewhere between $6,500 and $8,000 per coin. For Veil, this should be good news. Those who sold the coin to purchase BTC should be now thinking about purchasing it once more.
Investors will go crazy if bitcoin maintain its price above $8000 or even move higher; then due to widely effects from bitcoin strong upward movements, whole market will get bigger benefits, crypto enthusiasts and investors whom have not bought too much altcoins will fear of missing out (FOMO), then they will no longer hesitate to invest more into their favorite altcoins, that they observed and put under their radars for their portfolios for too long, maybe since 2018, but actually have not own any coins or at amount less than their plans. Let's see how bitcoin moves next days, at least till the end of this month.