I've been wondering why it hasn't been possible for Bitcoin to hit $20k this year despite its ability to sometimes gain more than $1k within days.
It had always retraced anytime it reaches $19K plus.
What do you think is the reason?
Well, that's because people are preventing it from reaching that figure. It seems that there will be a huge sell volume whenever Btc is roaming around the $19,000 region.
Nevertheless, $20,000 is such a strong resistance that's already been expected. Once Btc breaks through, I suspect Btc will go all the way to $30k.