The way the market is moving though, a little drop and then it moves a bigger percentage upwards. Currently $5452 and a lot of people had been predicting six thousand dollars before the end of this month! I don't know if that is right or not, this market is something that is quite unpredictable, that's why most of the analysis you see don't really come true. But, I do believe too that it is going to possibly reach that price of $6000, maybe next month or so.
44% gain is not a simple thing when considering against stock or forex markets. But for crypto adopters, they need more so that they may agree that bulls are into "full action". Volatility is not same across markets hence trend change also needs more confirmation for this crypto markets.
after stepping on a resistant area we can see the market is corrected and sufficient in falling. I think later the price will break the $ 6000 area and continue the correction before continuing the uptrend again
I hope so but still, we cannot predict with precision, and we need to be careful in the market. The price volatility will always happen, and without making analysis, we cannot see the chance to buy or sell.
We can take a breath for a while after what happened in the market in a few days ago and now, although we see the line is down, the market will increase again.
Bitcoin still in a good way to increase higher and maybe the price can break $6000 before the end of this month, so in the next month, the price will be strong than now to break higher price.