Indeed Bitcoin just hit an all-time high a week ago, although after that it experienced a slight decline in price that triggered panic selling. However, the surge in bitcoin prices will continue, even many experts predict that the bitcoin price will reach $100k by the end of 2021. Therefore, let's see how far the bitcoin bullish trend continues. Moreover, the trend of increasing bitcoin prices this year is different from the previous year. More innovation, more regulation, more big companies involved.
No, I'm not thinking a panic sell, it's that the psychological behind it, when getting a new all time high, people are thinking of their profits, so obviously, they have to sell and then go on the next best strategy. Buy when the price goes down again. So there's nothing wrong with it. But for those who didn't sell, then we need to wait for the market to FOMO again and push the price to at least $70k this month. Yes, bitcoin's narrative have change since 2017, now there are more source of money.