George Savakis, with the help of the analyst Dimitris Tsantoy, a member of Elliot Wave trader community, are predicting a correction down to $20.000 - $23.000, while claiming that as long as Bitcoin is below $35.000, it's extremely unlikely to see a market recovery.
I thought Greek was the language of logic like a member of the greek government recently told to the turkish president but I don't understand how BTC could reach $35 000 if it can't recover as long as it is below this level. BTC is currently below $23 500, it would mean it will stay at this level without any chance to rise again. But an volatile asset could always pump in the same way it has dumped, that's why it's called volatile.