As Bitcoin has initiated a new upward rally after breaking its immediate resistance level at $19.7K on October 25. Also the market cap of Bitcoin made an exponential growth by nearly 1%. So what are your thoughts on this? Will Bitcoin Price regain its old glory soon?
Are you even reading the chart zoom out? It seems that you are just newly invested on Bitcoin and probably you didn't that Bitcoin price has this kindof volatility since the price is near 20K above or below. There's no strong fundamentals that will make a huge rally that you are talking about. I hate to say this but this kind of post usually is due to being hype by the recent temporary price pump due to weakness of dollar.
Feds meeting will be next week and they are planning to increase again the interest. I'm this will make another price downfall on BTC once the interest rate is highthan the previous one.