Well, everybody is expecting the bitcoin price to skyrocket again just like the last year 2017 but instead, the bitcoin is full of surprises. The majority of the people around the world are expecting the bitcoin price to reach $10,000 at least but it is currently going downwards maybe it will fall down to $3000. what is your take on the current bitcoin situation?
I do not think that the price of Bitcoin will fall to $ 3,000 but it will not be able to rise to $ 10,000. I think at the end of the year it will reach $ 5,000-6,000.
Probably you do not know what you are thinking at this point. The market looks more closer to $3k right now, and there is no major support where we are right now than the support at $3k, so unless you are really just too optimistic or you are being hopeful you will get to see something like last year ending happening, there is really nothing much to expect to the upper side.
Probably, after the $3k, we might see a bounce, but that is something I possibly will leave with time. Bitcoin can be surprising though, but in this case, I really would not bother about the future, but bother more on how to keep accumulating more now.