The price of Bitcoin is now boring and has been boring for some time now but the good thing is that the boringness can be taken advantage of to accumulate and stack up a lot of coins depending on how much money you have to buy the dip, the price range has allowed many people get in on the cheap price of Bitcoin. But unfortunately, there are many people that are not taking advantage of the opportunity, I hope they don't regret it later though when bitcoin begins to rally or pump, while some people have bought and accumulated the amount they can afford and are tapped out on funds to buy more dip, except there is extra cash we get that has not already been booked to pay for one bill or the other if there is none it will automatically turn into money to buy the dip. Bitcoin at $29K and below is what many people wished for last year when it was pumping and it will be the same price range people will wish they bought when Bitcoin gets to a new all-time high. Bitcoin gives good opportunities. Although Bitcoin has been rejected five(5) times from $30k. And suddenly it pumped the six(6) time during the stock market holiday? is the market trying to tell us something? 🤔

Bitcoin has been consolidating for a long time now that was giving off a stablecoin vibe, like it has just been ranging and hasn't been able to get to $31K since May 16th. Bitcoin can get to $31K if it continues with its current momentum, although we should still consider that it has been a struggle for it to break above $30k for some time, I hope it does not give in to the previous price drop at $30k though. But no one can accurately predict Bitcoin in the short term. But if you are buying and accumulating now, all you have to do is to be patient and wait, Bitcoin has always been bullish in the long-term, you can zoom out on your chart and confirm for yourself.

Do You Think Bitcoin Would Continue To Pump To $31k And Above?

Bitcoin is in a bear market and will continue to be in a bear market until it is ready to reverse and start pumping, nothing anyone can do about that. Bitcoin closing with a red candle for the 9th week in a role since March shows how long Bitcoin has been on a downtrend since it broke below $45k. But Bitcoin is a proven asset for sure we all know that but I feel the crypto market will be down for some time because the biggest catalyst bitcoin has not made any significant move to the upside yet, and the market sentiments are still pretty low, most new traders capitulated or ran away due to crash in price, new money is waiting on the sidelines, and whales and institutions are slowly building up positions and accumulating, wall-street capital will go first to stocks before back to crypto.

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