I thought in some exchanges, bitcoin price already reaches $6,000, and maybe some traders use that moment to do arbitrage trading.
But yes, in the big exchanges, maybe the price is not yet reached that price, but if the situations still like this, we could see the price can break the barrier of $6,000.
Maybe it will happen in the next week, and we could see the price can slightly increase to the higher price.
But still, there is a possibility to see the price will go to down for a while before it's going to go up again, so we need to be careful.
That is an interesting video, thank you for the info.
If it is true that some exchange had witnessed bitcoin break the barrier of $6000, then it is obviously that this coming week will mark same thing on most exchanges including coinmarketcap. The pulling force is quite a bit strong now and I think there may not be any retrace before the market hit the $6000 value.
If we are to see any form of retrace at all, it will be so little, probably from those that are selling off their assets temporarily to take little profit, and those ones are found of doing this not to sell off completely but just to increase the quantity of asset they have when they buy back.
