In your opinion what do you think is next for Bitcoin, as regards price action? Do you think it would still continue this pump, or are we close to the ceiling for the Bulls?
For the past 4-5 months, Bitcoin is at around the $90,000 to near $110,000, so we can say that these 2 are currently the long-term support and resistance.
Currently, I'm optimistic towards the market, and we are in a bull run though so I expect that the bulls are currently in control, but anything could happen anytime just like what happened a few days ago when the market dumped and then pumped a few hours after. Right now, Bitcoin is making a lower high as we saw its price went to as high as $106,000 then went down, then going as high as $102,000 only to go down again. I believe it will continue to pump provided that we surpass these 2 prices that I just shared, and it surpasses it's previous ATH of $110,000, and since I'm optimistic towards the market, I believe that it will happen anytime this year.
Ceiling for the bulls? The year just started and if we will base Bitcoin's price movement during the 2021 bull run, I expect that this year will be a bullish year for the crypto market so, no.