Cheers guys!
Why congratulations on something that hasn't happened yet? It doesn't seem as smart to me as the obsession with $20 000 as if it's some magic number we have to reach. This is a game where we are just spectators, it will be the way the big players decide.
As this run is not driven by retail investors I think there won't be as brutal of a shakeout. As long as demand from big investors remain big, the small fish that get scared will hardly dent the buying pressure.
Some corrections will be inevitable, but currently the inflow of cash is just so big that it may not be as panicky as we have seen in the past.
As far as I noticed among the forum members, many still believe that we are in a situation identical to the end of 2017 - but as you say this time the money comes from some completely different sources, and the average Joe is mostly just an observer who does not dare to invest for reasons because he has no surplus money, because he lost his job, or is one of those who lost a loved one due to a pandemic.
Also, the whales have lost a good portion of their maneuvering space due to the large amount of fresh money entering the market and targeting all available BTC available on the market. I also read today that
Chinese miners have big problems with selling their BTC through OTC, which means that out of the already small amount of new minted coins (900 per day) very few fresh coins enter the market.