The last two days Bitcoin has been doing very well. After the last All Time High at 7800$ we saw a correction down to 5500$. During the weekend some even thought that we are going to see "the Cashing" witch is Bitcoin Cash taking over Bitcoin. Of course we did not see that happening, though it was the closest that a cryptocurrency have gotten to taking the first place replacing Bitcoin. At that time Bitcoin hit a double bottom at 5500$ and since then it has gone straight up and it is sitting now at around 7100$. What is next for Bitcoin? Some say that if enough new money come it to the crypto world it will probably pump the price up to 10 000$ and all that until the end of the year. There was also the amazon thing, where they said that amazon will start taking Bitcoin as a payment method, but that did not happen either.
Overall it has been performing amazing this year. It went up all the way from 700$ to now 7000$. You really cant wish for anything better... Anyways I hope you are having a good day I can only wish you the best of luck in your journey in the crypto space.
There are many hopes clinging on to bitcoin but i feel the price will fall down again unless they resolve the scalability issue
People shouldn’t sell their bitcoins nowadays, it is just a manipulation.