At the beginning of February this bitcoin price began to climb. bitcoin price has gone up 10% and is trading again at $41k price level. It looks like the bear market is over and we have entered the bull market again. Well, if the current bull run continues we will most likely see another new ATH this year.
Bitcoin won't cross $30k. btw, we are not completely in a bull market, currently the market is sideway...
this year we will definitely see a new bitcoin ATH again, apart from the rumors that I heard, there will be some countries that make bitcoin a legal tender in their country, this is another great year, Bitcoin will definitely make a new history again this year.
Yupp , we are not back in the bullish way yet , a small pump could be a trap for a deeper and deeper correction , it's good indeed to see the price spike from 33k to 41k now but it's still doesnt guarantee us for bitcoin to stay above 30k or so , i would say ... the next drop might cost us more than just 30%! 45k up and then dropped down to below 29k , anticipate that or you might get lost.
For now let's wait and see especially if you bought some at 35k or so , nice ride still.