Feels to me like there is still a great deal of buying pressure. The retest below $30K didn’t get much action and we’re already seeing new highs as buyers scoop up all the BTC they can. I think it’s safe to say the worst is behind us and we’re going to be seeing higher prices for a while now. It’s looking like there’s a good chance we’ll be above $40K by the end of the year.
The chance of 40k and up in Q2 is the same imho…