So 3 things:
1)Market optimism is about to explode assuming we are truly moving away from Corona
2) Stimulus Checks
3) Halving
Is this the perfect storm coming?
The way I see it, Bitcoin is finally getting less dependent on the news about the pandemic and is rightfully taking what belonged to it in terms of its value. So Bitcoin is recovering, but this process, as always, can take months, as Bitcoin has a tendency of getting stuck between $6k-$8k for a while. I am not sure when we'll see it stabilize around $9k, let alone go even higher than that. Halving is not a guarantee of immediate success, and the COVID-19 situation is still very unpredictable, so major bad news could bounce Bitcoin back to $5k for all we know.
The market price of the coins is unpredictable because even the market has an excellent upward trend if a vast amount of people declined this kind of transaction this is a massive impact so it is better if we become prepare about the market result because the first rumor because the bitcoin fall is all about the pandemic virus, but we forgot about the market halving that the source of the bitcoin will be cut into the half and can cause of the market price increase rapidly and becomes profitable again but still it takes for over two to three months before the halving is coming and we need to grab this kind of opportunity to make earnings.