I have been saying for months that Bitcoin will most likely drop back down to the 20k range. Just look at the chart from 2018!
Well, it is the long term psychological support that's why when the bull run ends, it can be a strong support, and it is happening right now.
The drop of the peak to it's lowest drop in 2017-2018 was ~85% and if you will do it this time with the same percentage, it will go to $12,000 so for me if the psychological support $20,000 will be broke, I think we will see Bitcoin going as low as $12,000 because when the $20,000 support will break a huge selloff continues. Just a prediction.
In before sub $20k.
I hope everybody is ready for what is happening right now. I'm not as ready as what others are, but I'm not panicking at all and instead of panicking, I'm slowly accumulating more for the future.