Hi, folks! In my opinion this is a historical moment. We are at the foot of the Bitcoin Bubble! Yep! 20K was not the real aim of the current bubble, it was just a test of the human greed. We past this test as we always do! :) Every time the history is repeating and now it is doing the same cycle.
The bubble gives you the believe and then it takes it away. And when you have no believe at all the bubble shows you its real power. Now when I see that a lot of people don't believe even in 20k I understand that it is this moment. When bubble blows the last hope of everyone to sell off without a loss is a bull trap that usually comes after the blow. So many people are waiting for this bull trap. But I think now we are in a huge bear trap!
As you can see on the charts above the first bubble raised the price from 10 to 250, then collapsed it to 70 (pretty similar situation is now from 20k to 6k) and then raised the price to 1k+ ! Only after this the bubble blowed.
That is why I think that now we aim to 100k by this summer and after this will be a huge collapse to the 10-20k price range.
I recommend everyone to sell at 100k. It can go higher but it will be a very risky game and the collapse will be impetuous. I'm pretty sure that all the news are already ready. The collapse might be provoked by Tether & Bitfinex or by something brand new. Nevermind. Just remember that it will definitely blow at 100k.
So good luck and have fun everyone! :)
P.S. I think the next aim will be around 1 million dollars by the 2021-2023 year. ;)
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So I think we will see the bullish hammer this month. The price will hit 11k and will end up around 10,5k
maybe in few years