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.
Actually bitcoin hits 8k price two times this last few days and I feel that it will continue to rise and it will surpass the $8k price in the next few weeks. Bull run is started so we don't need to be worried even the price drop a little bit I feel that all price in the market will be continues to rise.
Few days back the price hit the $8000, further the price has been very strong around $7800-$7900 and now it has been experiencing some downtrend with the price of bitcoin reaching close to $7700. Though we all say bull run started, we haven't experienced the real growth that takes place with a bull market. Hoping for such a growth over the falling month or by the ongoing month end.
I see there are not much movement (for me, it is ok if people have different opinion) that is why until now i believe bitcoin price can be more than now. Because it happens in a lot time when bitcoin take long time in dips, it keep increased again after that.