Ideal would be around 12k, within a year from now. Do you think its possible or am i setting the bar too low to fast?
Is this just a half time dip in the cycle and we'll see another ath this year
To begin with, once ATH has been passed for the second time, Bitcoin never goes below it. IT was like that with 1 thousand dollars and it's going to be the same with 20 thousand. It's possible that we'll wick below it for a short time but we'll never again go back for a longer time that will allow you to buy lower without setting an order first.
Next thing is the 300 day MA which has been the technical bottom as long as Bitcoin exists. For you to buy at 12 thousand we'd have to break that line for the first time in history.
Then there's the psychological barrier of the beginning of the bull run which is 14 thousand. We were there in 2020 and we came back to it in 2021 to finally break it and start a run to 20 thousand.