It's been a tough few months for Bitcoin since the beginning of the year. Where do you see it going over the next few months? My money says it will be around $13,500. The market in general is still tied to Bitcoin, so a rise in Bitcoin's price will see it move up overall. I am hoping within the next couple of years (preferably sooner) that the market will start to move independently, but the fact remains that (like it or lump it) Bitcoin rules the waves for the moment.
I think you are pretty spot on. There has been some serious selling pressure around the 12k mark and multiple attempts have led to declines (yes there has also been negative news or action which impacts price too). There is the chance that if a push happens to make it past 13-14 that the dumb fomo money comes flying in again and the chart takes a parabolic outlook but that seems unlikely. Maybe it could happen again in a few years when people have forgotten about it an go 'oh yeah i remember bitcoin' and buy truckloads (thats happened to lesser degrees). It seems to pop in and out of the public eye (I heard about it at Mt Gox time and then again in 2016). I see a more steady movement and possibly some consolidation mid year around 12-13k (leaving the Alt market to gain like the last few consolidation periods).
I would also really like to see a move away from bitcoin as a complete market driver for all cryptos, as this leads to a suggestion that without bitcoin you can not have ethereum etc. These are able to live without each other and yet every market move of bitcoin suggests the opposite. Maybe if the use case was the same this would be justified but they are pretty independent.