Not only you, almost everyone believe we will see a bull season after few months dips, just take a look with the past histories.
That is why it is even scary, since when as things come up as people think in crypto space? The opposite always happen and Bitcoin likes surprising the hoards when they least expect it, anyway there is only one way to find out, let's wait and see what happens.The analyst said that Bitcoin is currently trading in a tight range and could rise to around $70,000 to $72,000 if it breaks through the $63,000 level.
I mean, 10% rise is small if we talk about Bitcoin, there's nothing surprise if Bitcoin will reach $72K, that's just a normal thing. All eyes are now on the key data released by the United States next week that will determine the fate of Bitcoin and the cryptocurrency market.
No, the fate of Bitcoin didn't controlled by United States, there's no correlation at all. Even United States completely ban Bitcoin, there are still hundred countries accepting Bitcoin.I think the deeper the correction the better for the market on the long run, if Bitcoin goes back to 40k range the possible uptrend will be more bullish, and now I think the only positive thing to look up to is the coming election, Biden needs to leave the presidence for another ruler who is going to put less stress on Bitcoin and the crypto market..
I know this may not have a huge impact on Bitcoin itself but the users of Bitcoin will always be able to breath, I am talking about those in the United States, in the end Bitcoin will still do what it always do, no bad news can stop Bitcoin now it can only slow it down.
