Bitcoin has pumped by 30% in last two weeks as the value of bitcoin was $32917 (lowest on that day) on 24tg January 2022 and it touched $43000 today and this can't be bull trap as its a sure signal that Bitcoin is rallying towards $50k once again.
I thought it's a bull trap but there will not be a leverage of 30% for bulltrap and I have decided to invest back into crypto and infact cashed in once it crossed $42k. What's your take on Bitcoin price?
Bitcoin has been very speculative for the past few months, the correction has not made bitcoin move at a stable price, because the correction still persists in the market, this scheme when viewed is almost similar to the previous year, where to reach the new ATH needed a sharp correction, but what this year bitcoin will reach a new ATH, this is very difficult for us to predict, because many cases that occur, are associated with bitcoin's future journey, although the effect is not certain it will happen