Maybe I will wait until prices are more suitable to buy because here are quite risky and investors are falling for other reasons.
I could not just agree more with this statement. A little growth in price these days does not really count and does not mean the bear trend is totally over. If it is by some quick push-ups in a short term, I would assume we should have tested the $14k by now if it is just by upward movements only, and I can count number of times we keep putting on the chart a lower high statement and we are not even out of it yet, while some people are considering the possibilities of $14k. It might come and it might not, but my own here is that, it is too early to start assuming where the market ends.
do you think this can continue to rise towards recovering people who bought at a price of $ 14,000 at the beginning of last year?
Let’s not quickly start jumping into conclusions yet. The candles could have shown some good signal, but we all know they tend to change quickly and rapidly at times as well. Apart from that, the only way the sentiment in this market can change presently towards a bullish one, then we would have to be able to break past $8k with good volume, and by then, I would say that is a very good sign to expect probably $14k, but for now, I would not expect so much.