Quote from: Lucius on Today at 03:16:50 PM

As much as some talk about positive things (which are actually far from it), I think that by the end of the year you shouldn't expect anything more than max $20k in the best case, and if we hit a new bottom (which is not impossible), send a holiday card to those who started this whole shit show (Kwon&Bankman).

If bull run will start, it can not be fastz it will show some green and red hour candles but with net price increase. If bitcoin get to $20000, it is good, it may stay there or fall slightly less, but staying there for awhile would be an indication that people are buying, this would be what will lead to the next bull run in which bitcoin may rise above $30000 to $40000. The profit from just buying at $16000 if bit grows to $20000 is not small amount of money for those that bought at low price. But that is not the main point, the main point is that buying bitcoin now is going to be highly profitable, the best time to buy is when some people are not buying because of the market condition is red which is the time like this. I too expect $20000 to be a resistant price, but likely before next three to four months, bitcoin would have surpassed that.