MileStone8127

Was 3850 THE bottom?

Long
BITSTAMP:BTCUSD   Bitcoin
Well, my iH&S is gone, thanks to just a little event like a pandemic. So, my idea is that 3850 was the bottom. Obviously, any idea now depends on world events more than ever. It's also interesting that we have discovered how btc is market correlated (for now). So, this year is THE year. The one which through we'll know if bitcoin is really anti-fragile or not. I know Bitcoin (the protocol) is for sure, but soon we'll discover if also bitcoin (the currency) is that strong.
Just to be clear, I see a laterization for the next weeks between 4k and 6k and then a nice grow till $14k/16k for the end of the year. As we know, trilions of dollars are coming soon and a little part will come in the crypto market. Finally, we will probably see $40k/60k for the end of 2021.
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