Bitcoin can be hold at any price even present price $20000. Because there are on 10 percent chances to dip Bitcoin and 90 present chances it will go up.
present bitcoin price is around $14,000 and rises up and down from this while traders are accumulating bitcoin before the next rally starts.
but i agree that the chances of rising are so much higher.
we are on the verge of adoption explosion, and things have a higher chance of speeding up towards higher prices rather than anything else. and this is just the beginning of the rises to come.