Too many institutions and big money behind it now!!! Whats everyones opinion explain?BTC
And it's getting more doubtful now as the Price arise up to 41,000$ So dropping bellow 20k is far from happening this soon.
Lets see when the Price starts to fall and when the 25,000$ becomes the Bottom then we may expect a small dip down to bellow 20k .
But Lets Just forget about that for a while ,because we are still enjoying our days with the Highest value Bitcoin ever Has.
I wouldn't consider that; though, becasue Bitcoin has several times surprised us in regard to it price. We might be on the high side but that doesn't make Bitcoin price stable and to avoid volatility. Though as you have said, the price of Bitcoin won't just fall like we have hard in the past becasue the current market momentum has different mechanism from the past(institutions have now been involve), but let hope Bitcoin doesn't fall below 30%.