In the past 6 days Bitcoin price has went up and at most time passing the $13,000 line showing the highest price of this year.
Well, people just didn't wait even 1 second to run and buy bitcoin as soon as they heard the news about paypal and right now there are still a lot of people who are buying bitcoin because of that news. I don't need superpowers to imagine what is going on in the minds of many people, they must be thinking: "paypal has many customers and with this news there will be many potential customers for bitcoin". But the problem is that we still haven't seen it in practice and people have already rushed to buy as many bitcoins as they can.
Will BTC stay around $13,000 line or will BTC reach another new high price before the end of the year?
to stay above $13000 we must have a lot of buyers and few sellers, and knowing that many people have high expectations about this paypal news then we can say that the answer to this question will depend on the success of this paypal plan.