It is precisely because it is difficult that makes a bitcoin prediction activity interesting, if it were easy this would not be fun to do, I witnessed that indeed bitcoin began to strengthen again to more than $ 80k but did not last long is reasonable, there we can see that demand is not as strong as sellers who are dumping goods, this is very reasonable volatility when previously experienced a very significant decline to $ 60k, some people say it's a bounce and now will return to consolidate the price down, but for the month of May it will not be higher than what we have formed to $ 80k, I see it may be able to enter the $ 70k- $ 76 area only, with a note that bitcoin does not return to $ 80k.
We did start the month with strong $80k++, but it was not sustainable. It could have mean that the price is too strong for others not to sell that's why we can't hold that price. Too tempting might be the word for them. They could have been buying at the price of below <$80k that's why when we achieved it, very easy for them to decided to sell and take profits.
But this is just for those short term speculators, but for long term holders, it might not be the case as they could continue to take advantage when the price dip. Currently at $77k, good support and consolidation price. But I think we might be seeing another resistance and might have a hard time breaking that $80k for this month. Although we still have at least a week to do that, sentiments might be shifted to bearish for now.
