The current price of Bitcoin has broken through $40,000. ZB.com research report said. There are two factors driving Bitcoin's price surge. One is that retail investors have paid more attention to it. Second, it has something to do with institutional investors competing for hoarding Bitcoin. According to the market, Bitcoin still has an upward trend according to my bias , what is your opinion ,are we going bearish or bullish?
we are still in a bullish period and this will happen until the middle of this year even at most until the end of the year. hoarder, it's impossible to sell now and if retail investors sell now, I don't think it will have much effect on the mainstream. the main key is that large investors are still hoarding bitcoins at this time, and the price will still be safe if investors have not sold everything.