Some month ago so many people would think Bitcoin will crash , many felt as if the price will even fall more than it use to be. People were even scared to trade because they were not sure of the market, but they never knew when it was low that was even the best time to trade . I'm glad to see where the price of Bitcoin have reached presentky, it will be an advantage and good experience to those who took the risk of going into trading and it will also give some others knowledge that fall of Bitcoin is not permanent , definitely it will come up. With this experience have showed that Bitcoin is here to stay, do not panic, trade and make earning
In every speculative market goes through this type of eventuality, we do not know if this was a bearish trap so that the whales could buy Bitcoin cheaper and the weak hands fell into panic, if we remember many analysts came out to say that the price was likely to fall at $ 20k or even less, in fact here on the forum there is a thread that said by when BT would reach less than $ 20k.
Although it is an assumption, it should be noted that it is very valid, in speculative markets all these types of strategies are presented, in fact since the Stock Market since the 1800s they have always been the same strategies, only that the BTC market changes that it is much more volatile. These strategies are put in evidence when they are exposed in the books of Jesse Livermore, Wyckoff, among others, it is very common that this is the case, for now we must have the full conviction that BTC will reach its ATH again and will probably continue to grow more.