Actually, Bitcoin already in bull season, If you invest last year, or a couple of months ago you already rich. Bitcoin bull season already started in January and we will keep in bull season until the end of the year, if the scenario same, but if we meet the different scenario maybe we will see another result of Bitcoin and i believe the result will be positive
Of course everyone will regret not buying bitcoin when the price is cheap, but seeing the market trend that bitcoin has gone up by more than 29% in a week then I'm optimistic that a bull run will happen soon and maybe we will see bitcoin prices reach $50k in August
It needs a massive pump and hype for BTC to go 50K area again. It would probably be achievable specially that more institutions are hoarding BTC right now like Twitter CEO Jack dorsey and not to mention SpaceX. Another thing is Tesla would probably be accepting BTC again. Furthermore, holders of BTC right now are more resilient and not too dumb to accept fuds unlike these recent bearish.
Despite what some might think, I do believe bitcoin will see another bull season. It's just that it will likely be a period where the price rebounds from around $1,000 to maybe $2,500. But then after that it'll keep trending toward $0.
This guy is probably high. The trust built within Bitcoin isn't easily be erased and a 0$ price is impossible.