But it is still above the support level of $45k so that's the most important thing right now.
That's bitcoin for you, fluctuates every week but at the end it can go on the direction of North, meaning the price can still grow even if we have this minor dip at 1%-2% from time to time.
And now that we are entering the last quarter, it's going to be a wild ride, it's either we reach a new all time high, or bitcoin will fall dramatically, I do hope that the former will happen.
And the fact that it's already midweek and still going strong should be a very positive sign for all of us. I was expecting a dip below 40k again but if this 45k holds and becomes the new support we are definitely seeing a return to ATH by September!
Since the market is showing some good push towards this August which supposed to be a bear season as speculated by other it means that we will have a great upcoming months and I really think that we can see those good pumps coming. Now bitcoin step at $46k and we are close to reach at $50k so if this continue to be bullish then provably we can see bitcoin reach its ATH again or maybe it creates another new ATH this year.
Really hard to tell for it to be continuous since there are no sentiments that do backing up this current price increase that we had been waiting for some time now since the price had been moving sideways for a while now
and its not a surprising thing for this unpredictable market and its main behavior to be like this and im not surprised into those people who had been saying about the market is bad because it would always be ending up
on having those days where recovery and reverse trend could happen without seeing any viable reasons just like this.For those who had risk out on buying whilest its cheap then they are the ones who had been making
or reaping some profits now.