is it safe to assume that Bitcoin is probably hitting a capped price(i.e $10k)?
I dont know about this for sure, but dont forget that there was a time the price was at $6000 to $7000 and it remained stable and kept circling around these two prices until it managed to break through it after a long time before going for this $10,000 and falling back again.
So, I dont think its capped on $10,000. The price dropped down to $8,000 and yesterday I can remember seeing the price around $8,300 and after that the price moves up to $8,600 and just now it has topped up extra $100 and is currently at $8,700 plus. Its not going to stop there, it will still continue to increase and will keep going till it reaches a high price.