Not anymore Bitcoin is very close to reaching their $50k level and it's possible that before we enter the fourth quarter of the year we are going to enjoy Bitcoin hovering $51k to $52k level, not even the recent hacking news on Japan exchange can bring down the price of Bitcoin, the market is doing great right now, FUDS are still there but the market manages to move upwards.
Right now Bitcoin seems rather to be fighting hard at just below the $50k level. I wouldn't be too sure that we are already close to another breakout in the positive sense. There is also less hype again and not really the greatest of all news, but rather just no news. There are more pressing issues in the media like the crises we have all over the world. Insofar I think that this doesn't feel like a moment where Bitcoin would indeed break out. It is also still summer time, people might be less trading and more travel. I would expect to see more speculation and price action in the months after August, perhaps October November when people spend more and more time in house.
