It was always going to be a bull run once we hit $10.5K.
I expected us to continue the rhythm of small pumps and slightly smaller dumps while breaking the ATH.
However, bitcoin dumped hard today.
What's your thought on the bears still having considerable leverage in market prices?
Refer to:
https://www.youtube.com/watch?v=_PXU0thDHCUIt was indeed expected that a major increase in bitcoin's price is prospective but what also was expected is the minor correction before another pump in price takes place.
Every asset that pump's rapidly in price also faces a minor dump and hence this correction we are facing now is the result of the recent pump in bitcoin's price.
Though the market is going a little sideways now we shouldn't be worried about it because the support level is good enough to bounce it back to ATH soon.
I expect BTC to reach ATH before the end of this year.