Two weeks ago everything seemed like we were on a bullish trend towards a 12K mark. Now we're all fearing a 5K resistance level. Thoughts?
In June most thought we will see new ATH in few months time. That is how it is. Bitcoin goes from FUD to hype and back in a day.
It all goes in circle, thats how the market works. FUD and Hype are additional elements to predict and speculate the future price, as it will influence the decisions of the traders and investors.
I was even one of those who hope to see a new ATH when Bitcoin starts to rally back from $3,000 mark.