its almost ten days the price is not moving into higher price, always down and then up but its not more than $776. if this is stay like this until then its hard to get it more than $800 in the end of this year. but if suddenly china people make a pump, then the price will be reach the higher price.
Why people really wants to achieve their desire target in just one wave? Let the current price build some good support around it. A rush price increase will also create an instant price decrease because of profit taking. If the price will just be slowed down like this then definitely traders will have some brainstorming if they will buy or sell. Since it's slow, expect some few bearish activity and quite increase for a bullish activity which is a good way for price to increase slowly.
Just enjoy what we are today. Unexpected events in bitcoin will happen soon.
those who are talking about a big price like prices above $1000 or even $800-900 range are two groups at this point.
- those who are hyping up the price who maybe are hoping or trying for a pump.
- and those that have never looked at a price chart before in their life and don't know how price has been changing lately!.
in any case, we are at $770+ price range and history has proven that price is not going to change that easily without anything big behind it and it goes for both ways (up and down) and currently there is nothing going on.
