The market is like a mountain of ups and downs, so when it goes up and when it goes down, you have to see the information that is developing at this time. a lot of positive information is happening right now so the bitcoin market often bullruns this week. a lot of information is circulating that bitcoin will again penetrate the price of $65k percoin in the next week.
Exactly, there’s no straight ladder going up, we really have to take many obstacle before reaching the peak that’s why expect a more volatile market. There’s a lot of good speculation, so I’m also positive about the price of Bitcoin and its really possible to make a new ATH this money because the bull trend is not over yet.
The Bull trend hasn't happened all of the sudden. It moved from the price around $30 and reached $40k within a short when people were expecting for $25k drop. This further moved to $45k after a long term fluctuation between $40k and $43k. Further on the market movements were on the gradual rise and reaches resistance zone. Took little time to break barriers. Whenever a rounded barrier is broken it gains good momentum. As a result without much of manipulation the we're on the track to mark new ATH. So, there is more chance of bull trend continue for long.