I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again.
It depends though, right? Even after so much pump you never know at least for 2021. I can't be thinking that's a guarantee BTC will never go below 20K.
It only takes one huge whale to manipulate the market with other lower holders following the trend -there could still be a snowball effect so I'm not putting my money where my mouth is.
because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
That's true, these few months alone have seen a few large institutions buying in millions worth of BTC but let's not forget that there are hundreds more like this is not bigger.
I'm not trying to be all negative, I'd like to be an optimist and hope that BTC will be holding strong and never return to the previous values but its just that in these days you never know for sure- you can't!