It wasn't a surprise because bitcoin was close to $50k price for a couple of weeks but will it be stable there ?
During the next week will the price be heading downward because of sellers making profits or is it going upward when the next price to generate media interest will be $75k ?
It's difficult to work out if it's going to stay stable at $48k - $50k
Yeah we could go upward up to that price of $75k but we should also think about that corrections is always needed in order to fulfill all those predictions. If you have observed the market situation as of today, price attempts to go down below $40k but doesn't decline so big because many investors bought another asset due to higher popularity ratings of btc. Partly, that's certain were already on stabilized value if bitcoin price won't saturate so much before another ATH will be hit.
This shows that most people are way too impatient into seeing the right process.We cant really just able to reach out high numbers without
any hardship or challenges because even though we had seen that the market grow soo much fast but doesn't mean that it will continue to raise up those numbers
without any basis or reasons behind.This would really be a bumpy ride and we cant just able to achieve new heights if there were no solid reason for that.
Sustainable isn't really just right to be talked nor used into this market because we know that price could neither pump or dump unexpectedly.