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 ?
BTC will still be number one. BTC's total supply is only 21 million. Only about 18,061,862 in circulation. While the number of enthusiasts is increasing every day. Then the price of BTC has a big chance to increase. So it's impossible for BTC to die or be defeated by another coin.
market needs as well as the total number of bitcoins in circulation do have an impact on high prices, people in the market are still hunting for bitcoin as a digital investment so it's not possible for bitcoin to die as long as the demand continues to grow