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. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
That is a huge confidence you can have until the market starts its correction, you need to understand that these institutional investors are purchasing bitcoin so that they could book the profit when they seem fit and once they book the profit the market will fall substantially and it will come down below $20k easily. It might not happen this month or in the coming months but by the end of the year i am expecting a big correction.
Indeed, but still confident that it will reach another ATH this year, I guess after alt season.
As long as the pandemic is there, which is indeed a factor of the still progressing crypto, BTC will continue to strive higher and most probably not reach less than 28k.