On Sunday Bitcoin (BTC) price revved up to rally from $7,115 to $7,642, providing a 7% gain and an unexpectedly strong weekly close, which now has some analysts suggesting that a trend reversal is in the making.
I don't have a cow.
After all it's Bitcoin.

It's really hard to predict what may happen next with bitcoin considering the continuous intense volatility of it so whenever things like this is happening, we cannot speculate totally that it would keep on increasing or the other way around. We need to be more mindful on what's happening in the market and monitor the price change everyday as much as you can so that you can keep up if it is really moving upward and do what you have to do to gain benefit from your investment on it.
It is literally moving in a downward movement and I can't stand seeing bitcoin experiencing it. But what can we do? We're just a user or a fan of bitcoin and we have nothing to do with it. All we gonna do is to wait and have a lot of patience for years.
Maybe we can just focus temporarily on those altcoins even tho it is not that popular here in our country.