BTC not looking that bullish RN but it seems we heading for that major trendline from the ATH. Also the timing at that point in time is also when Mt Gox is supposed to be releasing its holdings to the masses.
Will they sell or hold?
Most will be getting BTC payments that are higher then when they lost out from the hack. Still a while to the next BTC halving & it seems RN stonks is looking for a lower price level?
If we get a strong rejection of the trendline around the 26K price we should drop considerably IMO Price targets? 17K for a double bear market bottom? Or will we see a price hit 13K or as low as 10K as many are predicting?
TBH if we hit 13 to 12K I feel this might be the price of excitement many will be buying at?
12K is putting it back into the reach of people. But a lot of factors are now interfering with discretionary income that was used to purchase BTC last time in the lead up to COVID... It's certainly not a dull asset to watch. Dumped all my Crypto holdings about September last year.