Im still surprised at the strength were seeing in the market. I was expecting to end the month below $17K and here we are about to break $21K while Bitcoin has shown considerable strength compared to other assets. It seems that for the first time Bitcoin is bucking the trend and standing out as a safe haven currency. Albeit to a point, but this will no doubt be a positive for future investors who would have expected this speculative asset to be one of the worst performing in times of doubt.
If we look at the chart in the past week, Bitcoin has shown an uptrend. Maybe some investors expect the figure to drop to $17k, because they have already placed orders at $17k. Yet another factor affected the price of Bitcoin which continued to pump the price up to $21k by the end of the month. This is also something positive for those who have made a quicker decision to buy at the $19k price tag.