Currently, Bitcoin price has crossed 16k and touched 17k. Here the trade has been very good. And currently I am in profitable stage. Because the market has risen so fast that it is beyond imagination. But I am very happy with the trading because currently the bitcoin market is very fast.
The decline that occurred in Bitcoin is also faster, and you also need to be careful when you see a faster increase in Bitcoin even if only in a very small size. Because the increase that occurred in Bitcoin from $ 16K to around $ 17K is very little and it is still not enough when viewed from the hopes of many people who want Bitcoin to be able to re-create ATH in the near future. A slight increase is only good for trading in the short term, because everyone can immediately sell with a small profit before buying back at a lower price.
The point is that the increase from 16k to 17k is the amount of money that you will see before it goes to 20k, you can't go from 16k to 20k without hitting 17k in the middle. Right now, people are wondering if that's the case, or was this the only increase we will get. Maybe it went from 16k to 17k and then will move to 20k, or maybe it went from 16k to 17k and then stays here.
We do not know which one is the case, but there are some group of people like me who thinks that the price will continue to go up. I think it will definitely go up, and that means we are going to see plenty of increases and we are not too late to get in just now, we can still jump in at this price.