We’ll never see $25,000 or below again, quote me on that.
I think we’re past the worst & bitcoin will start to rise again now. The bull run is alive & kicking, 1BTC = over $100,000 by the end of 2021 (not sure about $70,000 by 22 July though).
Quoted
Everyone is expecting a huge dump like December 2017. But we are so far away from the situation of December 2017.
October 2015 to December 2017: [27 month Bull run]
Weekly higher high has been started from October 2015. Before the start of the 2017 bull run, Bitcoin's lowest price was below ~$160, and throughout the year the weekly candles were given higher high and the highest price was around $19,000+.
That means the pump was about 120x timed. and the bull run stayed for 27 long months. After that, the bear market has been going on for a year.
March 2020 to May 2021: [27 months Bull run]
After 3rd halving BTC weekly higher high has been started. Before the 2021 bull run, Bitcoin had a lowes price ~$3200,
till now the ATH is ~$64000+.
That means the pump has been only 20x times so far within 20 months. we have a remaining potential 11 months to fill up the remaining "100X pump"
The possibility within the next couple of months:
We have remaining months for the Bull run: ~11
Possible range to touch: 120x3200= ~$384000