Bitcoin now reached a 2 years high crossing 10K. Crypto have had a long bearish trend the last 2 years. Now the bull run is back again. What would the Bitcoin price hit this time? Will it cross the 20K line or would stay lower?
Based on the path the price movement started following since the first of April, I dont think we have ever experienced any continuous surge without having a little retrace, now that Bitcoin has actually started surging high again, I doubt if it is from here that it will lead us to 20K, I think we should still expect a price correction, but the challenge has always been to know when it will correct, it is easier to predict uptrend of Bitcoin than its downtrend, and the only way traders can make more money during this time is when they are able to predict the downtrend for them to know when to buy again after selling at the price increase we see now.