That's the point. IF and only IF Bitcoin could stay above the 20MA support. And honestly speaking, it really looks impossible. Even if we compare it to how BTC has moved in the past, it still seems close to impossible. Just from the fact that the situation then and now are different, especially with the amount of attention BTC has right now, it making to above $100k by the end of the year seems closer to a dream instead of a reality.
In 2017,many people were expecting a bitcoin price above 100K USD in 2018 and around 1M USD at 2019 or 2020.
They were justifying their predictions with technical and fundamental analysis.Did it happen?Nope.
Nowadays,I read such bullish articles for a good laugh and I just move on.It's sad if some people actually believe this BS.The author of the analysis should get a real job and stop wasting his time.
I guess they got ahead of themselves because of how the bubble of 2017 happened. With that happening, I'd guess anyone would believe that BTC would turn into bullish for a long run.