Current charting of BTC similar like in the middle of 2017, and currently BTC just sideaway above $30k that become strong support area. Nearly 1 month in this area and did not going lower, that mean the price high probability to rebound. Could be nowadays the accumulation phase is not over yet and need anothers a few month again. My personal prediction BTC will going up to $100k by in the end of this year, and after that the market can be changing to bear market, can be similar like 2017 to 2018.
Of course, really difficult to know with any kind of certainty whether the bottom is completely "in" and you, enawati, seem inclined to suggest that it is.
So, then UP from here is not unreasonable, including a 3x-ish price increase by the end of the year, which your "up to $100k" would carry out.
Up to $100k for this cycle does still seem to be quite conservative, and there are surely some convincing theories that BTC price exuberance is not limited to a 4-year fractal kind of framework which would target $100k by the end of the year, but instead potentially to have a price cycle top that is both quite a bit higher than $100k and also to drag on out to several quarters into 2022.
So surely both our going down 53% and then hanging out here in something like a 45% to 53% correction range for already nearly a month - and who knows how much longer staying in this correction range (that you labelled as accumulation phase) is going to last, but still seems that the longer that the BTC price stays in this correction range.. then it also could end up playing out with a relatively slow recovery back to our current ATH zone.. and thus providing a kind of ongoing fuel that buy support is able to keep up with the BTC price going up and up.. and therefore end up supporting a much higher (than $100k) blow off top.
Of course, nothing is guaranteed in BTClandia... but surely, we can see that some of the past BTC price performance patterns have decent amounts of informative power in terms of giving us some ideas of what may well end up happening and what kinds of possible happenings are more likely than others. Ongoing bullish news and bullish developments around bitcoin happening at the same time to contribute to confidences in comparing past patterns to what kind of price recovery scenarios could happen from here.. whether they play out in a few months or drag out for a year or longer.