But we could see some up swings before we ultimately go towards 3200 and test the lower 3k range
Any thoughts?
The bear market is not over yet but gladly, bitcoin price can increase yesterday but now, the price is back to $39xx again. Maybe the price will be like this for a while and I think the up and down will happen in many times. I guess we still have a chance to make a profit because if the price is up and down, there will be nice differences of the price which we can use to buy and sell and we can make the profit. But many of us still waiting for the market recovering so we can make a bigger profit.
Specially for those who do short but if this momentum wont be break then we might see $5k soon but basing on the price movement as of this moment it is somehow stabilized.
Yes from past month it was fluctating around $3700 and now this year it is bit stable at $4k this shows the positive trend towards growth. We should have faith and invest in btc for long run so that the price may increase more. Price is bit stabilized from past week and it is not going below $3800.