Looks like we can prepare our moon boots again gentlemen.

I get more and more convinced that we saw a silkroad like shakeout. The dumping got absorbed and the price recovered, coins moved to strong hands, while the get rich quick crowd got deleveraged and has no coins.
Sideline money is in disbelief and hopes for a correction after halving. If thats not happening they will chase the price higher. Meanwhile the money printer goes brrrrr, not only in the US but in the whole world. The emerging markets currencies are already inflating while investors try to get their money out of these countries. If shit hits the fan there will be capital controls which will create additional demand for bitcoin. At the same time the block reward will be halved and the world learns about the bitcoin supply curve.
After the economy has recovered the monetary base has increased significantly and this base will be leveraged with additional debt inflating all asset prices.

 https://www.tradingview.com/chart/BTCUSD/VaNwtyrK-Did-we-see-a-silkroad-like-shakeout/