There is a thread running already here speculating on bitcoin market price movement. Anyway, bitcoin could do good in market price increase for sure for it has already been showing its capability knowing that btc market prive from 3K usd now to 11K usd. This is a great leap over bitcoin market.
Of course it was a very good opportunity to sell Bitcoin for 11-12 000 dollars. But the demand for Bitcoin remains very large and we need to hope that the price level of 12-14,000 dollars will be restored back.
I am sure bitcoin can increase for $12000-$14000 in a long-term. We can hope that it will happen in the rest of the months this year so when we are in the new year, the price will be more than $15000. But still, bitcoin needs more support from people to increase, and if there is a big demand happens in the market, that will give a chance for the price to rise. We will see it later, and while we are waiting, we can buy more bitcoin from now as I am sure that it is a good price to buy.
