Will the economic fallout from covid create a perfect storm?
There was a time during the covid 19 pandemic in March 20120, the price of btc dropped abruptly from $10500 to as low as $3600. But, later, the price increase and reached over $11000 with a very strong support. I do not see any storm coming this year again but for the price to increase, even if the increase is not abruptly.
That was when the plustoken scam dumping happened. It was probably one of the best time to buy Bitcoin when the market was in turmoil. Though the market is bullish right now, this kind of event might reverse it again now that you've mentioned it.
I'd say we'd have a place in $15,000 this year. That's the realistic price I can see as of now.