Bitcoin will eventually break $100,000 without any problems, but the main point is that we shouldn't expect it to happen within whatever time frame. All these time frame based predictions only lead to disappointment, which is completely unnecessary. The less you expect from the short term market, the less it will bother you, it's that simple.

Will we break $20,000 this year? I don't know and I don't really care. The only thing that matters to me is that we keep seeing higher bottoms, and as long as that is the case, the market performs exceptionally well for me. Time will tell whether or not we marked a new bottom around the $7000 level, but thus far it's looking good. At worst I see it dip slightly below $7000 but not below $6500. Anything close to $6500 will become somewhat tricky.