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?
I am not too sure if bitcoin can be bullish again if it is able to raise its price to $ 40000- $ 50000 the possibility of a bullish one can be achieved even bitcoin prices will soar high, but for now, bitcoin prices tend to decline it will remain stable at $ 30000- $ 37000 for the year if any good news it's possible that bitcoin price could be much more expensive.