The price of bitcoin is hanging around $17,000, above $16,000 but still very low and volatile. So it cannot be ascertained based on its value whether it has started going up or may go further down.

Maximalists will Bull

     Bitcoin maximalists leaves no stone unturned when it comes to support Bitcoin, they have their own ways, but this is only to make Bitcoin popular among masses.

Critics Will Bears

     Bitcoin critics consider this price increase to be unrealistic, claiming that the value of BTC could drop more. 

     There is no stopping the critics, then they can get Bitcoin as low as their anti-Bitcoin theory goes, and Warren Buffet will describe it as "zero."

Market on Edge 

     The market's "whale moment" saw billions of dollars' worth of bitcoin removed from exchanges. This is a buy signal, as a lack of liquidity in the market associated with large amounts of bitcoin could drive the price higher.