It is very strange now to read and realize how dramatically the situation has changed.
The market was simply turned upside down, the situation radically changed the position and attitude of people. Today I read an interesting article about conspiracy theory and that the current situation in the world was prepared in advance. What do you think about that?
A pandemic, the collapse of the oil market, and in general the collapse of all financial markets, including cryptocurrencies ... In fact, little has changed ... Is this all artificial?
Yes, when the price gets closer to 11k after reaches above 10k, people are hopefully about reaching 12k because it is very close and one push could get it to over 12k and they are mostly right because those things could happen and has happened before as well.
When the price falls down to 5-7k levels people are still optimistic due to price basically bottoming out and not going down anymore, so they see the price going up as the only direction left (well when you don't go down, the only way is up) so that makes sense too because that has happened before as well (remember the 3.5k times?).
So, both of those people are right about reaching 12k and being in vicinity of that price plays a big role, if we talked about 20k that would be different but 12k is still doable if you ask me.