Honestly i still feel its a bull trap and bitcoin will reach down below 5800$, before real bull market begins...How many of you guys agree with this ?
There are lot of new progress and development in favor of Bitcoin market like the Chinese president support to Bitcoin in which i believe that it will be impossible for the Bitcoin price to go down further below of $6,000 therefore instead of talking bearish then why not we talk about of what will be the Bitcoin high price before this year would end. Let stay positive always so $10,000 is my mark.
after there is some negative news now there is positive news that is expected to foster a positive sentiment towards the adoption of bitcoin. there is another update next year which has already been announced and I think now the market is preparing for growth. prices now look more stable and ready to pump when crypto adoption increases. this market will get a lot of positive news and that will certainly make the trading trend increase.