Id rather see it back at $7,500 - $8,000 honestly but there will always be some HYPE in the market so it will most likely stay around 9k. Those rise and falls are honestly rather normal though they are quick and repeat over and over again from whales in the system.
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Coinfairvalue.com puts bitcoin at 6.5k based on the currency fair value model.
Honestly I am no longer too bothered by speculative price of Bitcoin. What I am waiting for is the bitcoin dev to roll out stuff they've promised that'll make things truly interesting to use bitcoin.
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