If I have to describe in one sentence the price action in 2019 and 2020 it would be "The battle for 10K". I'm just curious which will be the new 10K for 2023 and 2024 - 30K, 40K or even 50K? My guess is 40K.
Cycle low last time was around 3.2k, so 3x that was around 10k. Using 15k cycle low this time a 3x would be 45k. So I think it'll be the battle for 50k. Will be a nice set up for the next cycle post halving. 100k will fall ez