.. so I've been watching and reading about btc technical analysis almost daily now, and I'm kind of sick of being in this current triangle. I've only been in btc since September so I really don't have that much history, but for those who have been in btc much longer - how much longer do you think it will take before btc goes back on the upward trend again? It just seems like a really long sideways movement.
On Dec 17th, it reached its high of $20k, and it has taken almost a month and we're still below those numbers. What is your estimate for when we can be above $20k again and onward to what people predict for this year ($50k-$100k)? Another month? March?
I know nobody knows for sure, but just looking to hear about what people's gut feel is (and only from those who have btc experience over a year please).
Thanks.
It shows that you have not been on bitcoin for long, you are expecting the price of bitcoin to reach 50k to 100k in a month or march? We may need to wait for years to see those prices, not long ago 50k seemed to be decades away, you have no real experience with bitcoin, you only know one direction and that is up, be patient that is the only thing you can do right now.