Do you see the recent increase bitcoin has come up with. I believe this is good sign that bitcoin will pump this year, we are still in the third month, looking at the middle of the year, something will surely bulls up. When I open my wallet I was surprise of the price from $23000 to $26000 that's cool for those who buys recently.
What did you think about the price? Will it pump soon
believe me it will pump soon, bitcoin is now 26k$,i think nor too far from today it will be back to 30k$ or more i am also waiting for the bull season because of my altcoins holding because i believe when bull market begin altcouns will also follow to bull season and we will see profit from our holdings bitcoin has a good start this year so maybe we will saw a good end.
For Bitcoin to return its previous 30,000$ price range, the transactions' fees have to decrease again. By there I believe it will remain on a "standby" mode just waiting for the best opportunity to rise again. The price can still fall a little bit more, but I don't think we are going too far from the currently scenario. Bitcoin has been becoming more stable along the years. Volatility seen on past cycles isn't the same anymore. Gradually it's getting more stable as adoption increases.
Basing up on TA which it would really be having its last decline playing around 20-22k before it would shoot up above 30k+ price. We know that when it comes to TA's and other analysis which it couldnt be precise
but it would really be that better on having at least the idea on where we could possibly go.The price is really somewhat stagnant on this level on which i might somewhat agree that if ever this network
congestion had already been resolved out then we might really be going back on-track once again. We cant be sure on whats the actual reason on why the price is really moving sideways.
Speaking about little increase then it is really just like a normal day here on crypto space. Little increase and huge decrease on some time and vice versa.
This is where people do make out money or profits if they do really know on how to go with the flow. It is really just that there are investors or traders who are really that impatient when it
comes on dealing up with this unpredictable market.Well, we cant blame them though because we've been also experiencing the same thing. lol