Bitcoin has made good progress today compared to last three days today Bitcoin almost touched $60k ($59,390) as a result we have seen decent progress in other altcoins as well. Either this is a breakout point wherein bitcoin will proceed towards new ATH or a bull trap but I don't think it would be a bull trap as market just went through correction phase. What's your opinion on bitcoin at the moment?
Bitcoin is the most stable cryptocurrency, today bitcoin is experiencing a correction from the previous months, but this cannot be used as a reference that bitcoin is not growing, corrections are common, to reach high prices it takes time for recovery to bitcoin, if seen maybe in May it is likely that bitcoin will reach that price, hopefully bitcoin will really recover and reach the maximum price.
It is not a measuring tool for bitcoin at the time of the correction, because there is no single coin that we can predict 100%, but unlike bitcoin, people can see the movement, stability and number of requests, so to make predictions have a reference, even for the month of May also not necessarily bitcoin will recover completely from the correction, but what we need to understand is bitcoin is the only stable coin in cryptocurrency and there is no need to worry too much about dibitcoin correction.