It took a long time to get here but we are finally nearly there. I have been waiting for bitcoin to reach back to $20k for a long time now, I knew it would happen and I trust that it will happen with another less than $2k increase, but honestly it took too long to get here.
Just think about what bitcoin represents and you will realize that bitcoin should have been over $20k for a long time now, with all the big companies, investors, banks and everyone else realizing the potential of bitcoin this year during the pandemic break and how bitcoin managed to recover faster than anything else and not only recovered but doubled? That was a no-brainer but this was something that was predicted before it happened as well, so people should have reacted quicker before anything happened.
It really took time and actually the price increased of the bitcoin is really fast unlike the other assets wherein they are gaining 100% and up in years but the bitcoin did it in just months. I have bitcoins in my wallet and I'm happy that the price is continuing to increase but I know that I will not hold it forever and I just finding a right opportunity to sell all of it maybe I will sell it if it experience a major breakdown or huge drop. I will never do again what I did in the last bull run where I waste a lot of opportunities.
I think that from now on we will have to wait for the movement to $ 20k which is when everyone will start to wait for the new highs, although it is very likely that it will touch $ 20k and it will continue to rise, because even though the price continues to rise steadily, The volume for it to rise as it was in 2017 has to be much higher, and the corrections have to be quick, this will give way to the new green season of alts. You have to prepare because the good is yet to come.