As of today Bitcoin gained sharply in price reaching two years high crossing the barrier of $10 K. What price do you think Bitcoin would achieve in this bull run? Would it be over 20K or below?
It will below 20k, I do not see the market as enthusiastic as it was at the end of 2017, many are just waiting for bitcoin to reach their break even price to get out of the market and never come back, this will probably force the price to go down and it will be impossible to reach 20k, but the good news is that I do not expect the price to go as low as it did during this year.
When price will hit $20k then real party start and all the hype around it. People that wanted to sell they already sold. the ones that will sell now are just the ones that really need the money and of course those that bought long ago and are just improving their lifestyle.