Bitcoin price showing high volatility, but it is staying between a specific range. It isn't impossible to see the price above $60k, but the chance is really low if you observe it by the volatility range. The outcome odds are really attractive on those higher price range. I have a strong believe that Bitcoin price will stay between 35k to 50k at the end of this month. So, placing bet on those 3 ranges could be profitable.
Bitcoin will have break out in February but will it break up or down? It is a big question for speculators and gamblers. In my opinion, I would prefer for a break out to retest $70k and I believe that in either Q1 or Q2 of 2022, Bitcoin will make its new all time high. Months from April to May will be very interesting for Bitcoin.
As we know, in stocks, we have "Selling in May and go away" so if capital go away from stocks, where will it pour into? If it is not real estate, gold, it would be crypto market. If it is crypto market, Bitcoin would be first choice because big capital will be more easily to enter and exit with Bitcoin than altcoins that have much lower trading volume.