When bitcoin broke the $100K mark and at the speed at which it was moving and also cleared out the $110K mark, no one would ever thought the momentum will slow down like this and we won’t see the market already broken $120K by now already. The market since yesterday have been on a downtrend again and what I see from this is just another consolidation which is part of the market and we’ve witnessed it overtime before we got to this level we are now.

The market is still very much on the bullish trend and we would continue to see another bull momentum in the market after sometime from now. This year is still not halfway yet and many anticipation shows that the market will be on an uptrend throughout this year, so it’s not yet time to lose hope in the market that the bearish market is here, and $120K will soon be an history for Bitcoin to hit soon.