There are two options within a week , and I think we cannot be sure regardless of other markets and NEWS.
BTC price will increase up-to 44k and then 120k since the mining difficulty has raised dramatically. However, we may find that we have encountered sort of Bubble recently.
DURING THE COVID19 SITUATION NEW TRADERS STARTED THEIR ADVENTURE INTO THE CRYPTOCURRENCIES OCEAN.
THE MOST OBVIOUS THING TO NOTICE IS THE LARGE GREEN ICHIMOKU CLOUD AT THE BOTTOM OF BULLISH TRENT WHICH MEANS BUYER IS REALLY CONFIDENT BY NOW ABOUT HIS/HER PROFIT AND STILL CAN WAIT FOR THE BETTER SITUATION UNLESS THE OCCASIONAL DROP.
IF YOU COMPARE THE CLOUD WITH...
BTC IS IN THE AREA I CALL "PRISON" WHICH IS SUPPORTED BY PITCHFORK CORRIDOR AND GANN BOX.
IT HAS TO JUMP OUT OF THIS RESTRICTED CORNER . THE MOST PROBABLE IS TO GO ALONG THE GREEN BOX... HOWEVER IT MAY HAVE OSCILLATIONS TO CONSOLIDATE.