Sure feels like we’re back to up only. With leveraged funds entering the mix now I expect a ton of volatility and there are lots of investors who will have reason to pump Bitcoin now. I wish we’d seen a spot ETF first and things like this a year from now, so we’ll have to see how it goes. It seems early for the market to be pumping BTC into a bubble.
I don't think this is the real "up only" bull market pump. This is probably a usual intermediary cycle pump with afterwards corrections.
We will probably stay around 25k-35k levels (with some wicks) for the next 1 - 1.5 years.
if we are following the 2019 summer pattern you are likely correct.
but we could be in the 2016 pattern and could be headed to very high numbers.
I would guess you are 60-40 shot with your low guess