We have breached another big psychological barrier of $7k so it looks like we are going to get into the $7500-$8k maybe in the next two weeks barring all circumstances, (no FUD, people have settled down with the Covid-19 scare).
I hope so but bitcoin stopped its uptrend now, it's negative today, but good thing is its still trading over $7k,it's just a matter of time and we will come back to $8K, just believe it will happen.
I do hope that we will not enter into a recession, because that will be one of the biggest we are going to see. Let's just remain positive that we can get over the Covid-19 problems this year so that we can avoid a financial meltdown because it will be very ugly.
We can't stop if that is meant to happen but we can always take advantage when situation comes, well, bitcoin trading at $1000 again, I think this would attract a lot of investors but its unlikely to happen.
The market price of the bitcoin today is going down and because it is just normal because the halving is coming from the market price of the coin for over 3.8k dollars and now it is increasing holding into 7k dollars and continuously pumping, and this is good because this Is the trend of the bullish market but still some of the upward trend declines, but it is just part of the increasing of the price. For the next coming months, the halving is coming, and we can now make a huge difference and comparison of the market price If you will get a lot of income or not. There is a rumor about the market price of the coin if this will go up over 10k it is good, but if declined immediately, this is a huge lose