Do we expect Bitcoin to have a big comeback after its downfall on January and early Feb?
Coz many expected it Will hit $20K when New Year was coming last year, but as we witnessed, it disappointed many hodlers and unestors with its unfaithful fall, but now we see this bouncing back, and hopefully it Will continue to do so.
I expect the prices to go up at least 40-50% from what it is from right now. The crash took around 60-70% of the value of bitcoin at its peak at the worst spot in the trough, and whenever that happens BTC seems to bounce back to at least 70% of its ATH value. Most of the time, we even go onto a price hike and break the ATH.
Right now, we're only around 55%.
Conservatively speaking, expect at least $13k per BTC in USD in March or April which is generally much better performing than the months of January, when we saw the big crash that happened. The recovery can be a bit bumpy so expect corrections here and there as well.