With the recent pumps of the market, I am not expecting we will fall below $19,000 this week. If you take a look, we are fighting the $21,000 level.
If ever we will not fall below $20,000 this week, I am expecting Bitcoin is creating a support level of $20,000 and it is good thing so that it will help not to reach the $18,6000 anymore.
Yes, bitcoin is still struggling to rise and break through $21k but the thing is, it's still a question mark whether bitcoin can really break the $21k mark this month or will it still hold its current price.
Many of us don't want bitcoin to fall below $20k again but if that's the case, then we can't do anything but just follow suit.
But I think the small investors have started to accumulate the amount of bitcoin by buying bitcoin in small fractions because they know the potential of bitcoin in the future.
And it seems small investors are not affected by the news about bitcoin because they just want to collect more bitcoins while the price is still at its current level.