I really do not know if this is a good thing or not, I say that because it seems to me that the price is really struggling to exceed $7000 and what I see is a task impossible to realize at the moment.
the leading cryptocurrency continues to hold comfortably above the $6,300 resistance level, which Fundstrat’s Robert Sluymer earlier this week highlighted as crucial for reversing spring’s downtrend.
with so many missed forecasts, it is very difficult to believe these analysts, time will tell if this time they hit this forecast, because we need some increase to give some confidence in people to people do not see bitcoin as something that just falls and falls.
It doesn't really matter what's happening with the price now, there can be many scenarios, but in the long run they will lead to the same result - Bitcoin will go up again, unless something big and unexpected happens (which is very unlikely).
As for predictions, a lot of them are probably just shilling, so I wouldn't pay much attention to them. And a lot of people don't think that Bitcoin is going to crash to the ground, they just want to be sure they are buying at the bottom or after the bottom, and for now it's too early to say that we have seen it or passed it.
