Even in the event that the market goes down, Bitcoin remains a safer option than other cryptocurrencies. For the record, this means I am NOT selling Bitcoin at $17k anymore. In the event of a continued cryptocurrency bull run, Bitcoin is well positioned against other cryptocurrencies and could easily see $20k+ soon. What are your thoughts?
Sooner or later it will difinately reache the amount you mentioned due to the demand on bitcoins this coming months after the holidays we just experienced. Bitcoin is expected to reach and surpass $20k barrier this year and might get doubled by the end of this year and that thought alone makes me want to hold my bitcoin even longer.