I think is good for people who bought bitcoin under 4000$ and sell now for 5200$ or maybe they will wait more. Do you think is possible in some weeks bitcoin to reach 8400$ at least?
With Bitcoin, the unimaginable can happen, bitcoin continues to follow the pattern it has been following since the 1st of this month, I can say it will be possible in some months’ time, maybe 2 or 3 months, because I am very optimistic` about the price getting to at least $7000 dollars by the end of this month.
Secondly for now, I don’t expect us to have any drop in price again till we gradually get back to its ATH, so I wouldn’t really advise those that even bought at $4000 to sell now, because if they do, they might be completely out of the bitcoin market till further notice, because there are so many investors who are seriously waiting to take advantage of any drop in price and once they see one, they will rush it, making the price shoot far above what you advised such investor to sell.