This morning BTC has returned to it's ATH of Jan 8,2020.
Since it's fall ,there has been speculation here as to where it would go next .
Many were /are convinced they knew where it was heading .
How about you ? DID YOU BUY, SELL, OR HOLD ?
And now what are your plans ?
There is resistance around 40k$ in the market price of bitcoin, I think bitcoin already have what it takes to take a leap over 40k$ even its ATH is around 42k$.
At some point, we still couldn't pass it and the market price drop after reaching around 40k$ plus in the market, there are a lot of factors affecting these drop and it might be because whales are keeping the market price low in the market by selling some of their investment plus mining companies are still selling bitcoin may be for-profit or maybe there were planning to reinvest in the hardware for mining.
It's still a good thing for the market and it's pretty healthy that just means we could still buy bitcoin at a much cheaper price for sure when the market price skyrocket we will barely see bitcoin around 30k$.