My estimate is that in the next 6 months there is still potential for ATH. but it cannot be predicted whether ATH will increase significantly or even decrease. depending on the market's response to crypto. so maybe we really can't do that analysis to see how crypto's potential is in the future
we will see how market sentiment will come, is it still suffered by negative sentiment that continuely come from any countries? back to 40k will be good bounce for us to clear our floating position before maybe it could drop again to 20k. But everything could changes and news in market very dinamic it could be good or bad depend on how countries threat bitcoin and other crypto.
Do you mean that a country bad news would influence BTC?
To my greatest surprise a could is too small to pulled down the price of btc or causing dumping in the market that will lead to $20k as BTC price. Just take a look at China and yet the currency still maintained it's price not going down below $20k
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I do believe that there are nations that can change the bitcoin price a lot and there are ones that won't. China news actually dropped price from 60k levels to 30k levels according to some people, of course there are those who do not agree with that as well like me, I personally believe china was one part of it, and automated moves was the second biggest reason of it.
However at the end of the day there are people who think it was because of it so that is what I can understand and that is what we should be focusing on, not the type of questioning "will this nation be, will this nation won't" because it doesn't matter if some people think that nations can influence the price of bitcoin then they believe it could be for any nation and I respect that because by logic China getting out means they are already out, so other nations even if small could still impact.