We could still be facing a nice correction down to the $3,000 zone. I think we need a breather in order for BTC to grow further. The reason why it hasn't risen the past few days is because the mining hash power has dropped 50% which has slowed the network to a crawl and increased the fees AGAIN.
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Hash power dropped because it became more profitable to mine bitcoin cash for a while. With the price of bitcoin cash dropping more hash power will be restored to bitcoin.