Price is going back up quickly, seems like bitcoin can sustain price growth and higher price levels. The uptrend seems to be in tact. Was it just another fake dump?
I don't expect to stay at higher levels for long. A majority of people are still believe that we are in a bear cycle, and so as long as they act on those beliefs we'll be in a bear cycle.
It's a self fulling prophecy.
I actually think that bitcoin price is going up slowly in the longer period, more and more company is accepting bitcoin and slowly the media and people..