Bitcoin price is displaying some stability above $17,000 as it is holding these levels despite the bearish attempts to drag the price lower.

As the trend remains largely incremental, the token is believed to maintain a steep upswing to regain its price.

Indeed it is somehow stabilizing at the current price range but it is hard to tell whether its market value will be able to break $20k before this year end or on the early quarter of next year but for sure everyone is hoping for such thing to occur. As everyone knows, Bitcoin halving would happen in 2024 which is why it is more believed that the market price of Bitcoin would be more likely to break ATH once again by that time but ofcourse it the market would recover as early as possible, that would be better 'coz if it would need another year of no uptrend, there is a bigger tendencies that its market price could be easily pulled down by factors affecting its demand.