If it is very true that the $5k increased in a short period of time, the ETFs? maybe but I think that people are changing their way of seeing bitcoin because they have discovered that it is a way to store money safely, those who make investments in fiat money are good , those who do different ways of doing things can It may also be that they are doing well, what I thought was that bitcoin has gone up because other workers are very reactive to things that give them Joy , Adrenaline , if they see that bitcoin was at $26k and then it increased to $29 k, which They think: It's going up, I don't want to miss the next rise, and they buy and buy Until they make the market go up, but not much and this causes a chain reaction , I think that's what happened.
Yes, this is still related to the ETF which is getting more and more crowded on social media about its review, is this what is called FOMO, maybe it could be that when you see the market reacting, there will be a lot of hype happening, this affects the entire crypto market but it is not entirely going to be a bullrun because for me this is a little we know during the achievement of a year bitcoin has been able to exceed $35K.Some say that this is a bulltrap? I rule out that view because looking at the halving which is getting closer people will continue to buy then the pressure in the market is getting higher including them to prepare for investment starting from now.
