Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.
The way I see things, I do not think it's a pump or a momentary change, maybe the price of bitcoin is looking for new price levels, that is, it was for a long time at prices like $ 3k, $ 4k, in those values many operations were generated, so much that they eliminated the offer completely, so they are looking for new levels where many want to sell Bitcoin, and $ 6k can be a good range to start with the offers, normally the market usually gives a long accumulation time .
The stage of Accumulation is usually somewhat extensive, because there is a range of prices where it must be fulfilled that the offer no longer exists, and is exclusive to buy cheap, of course, most want to buy as cheap as possible, but a good stage of accumulation indicates that your next bullish trend phase may be better than the first that Bitcoin had in 2017, everything is in the hands of the Strong Hands, because until you have the majority of accumulated Bitcoins will not rise because the price will not be ready to get new ATH.