Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...
When you came into crypto currency world? the prices of bitcoin keeps increasing each and every year so $20000 is not maximum value and bitcoin will surpass that value sooner or later but it will happen.Already the prices are recovering so it looks like another crazy run will happen like happened in 2017.
This might be not a crazy one as we didn't know how it will approach its price but it looks like it will not be the same run from December 2017. The OP needs to defend more how did he say that bitcoin will not reach $20k. If he believes i wonder why he is still here on crypto because if that won' t happens all crypto will be affected later on.