i have follow the bitcoin chart movement for some time now and have discovered that the market is highly unpredictable, with the sudden crash of the price from 52,000 to 46k this have relieved the fact activities of certain individuals or whales are always responsible for such crash. what is your opinion on this?
In my opinion, the current crypto market conditions have started to improve again after a few weeks ago experienced a very deep decline as a result of China's FUD news. The price of bitcoin is currently experiencing a high spike where the price has broken through the $57k level.
It seems the price now is back on the right track and keeps increase although not much. Maybe the price is still affected by China's FUD news, so the price can not still rise fast. If you see the price is down fast and seems to crash, you do not need to panic because we will see that happen many times in the crypto market. Now, the price is struggling to lift price to the next high price and maybe after this, we will see a rally to $60k or more.