Do you guys believe it would surpass $35k-37k this year?
35-37k is a major resistance. I have my take profit orders for my short/middle term positions right there. I see a high risk that these levels will not be broken and we will realize a scenario similar to 2019, when we jumped from $4k to $14k and then fell to $5k. This is how I see the situation now. Pump just to 37k, maybe even 45k and dump back to 20k. At the same time, 45k seems unlikely to me before some solid correction or at least a longer consolidation.
I have sell orders at similar levels. I expect a sharp decline after Bitcoin reaches those levels or goes up a little more. The fact that it has stayed at 30k lately and that its price has resisted falling shows this. Of course, I'm not sure about this, but I made my own decision this way.
What I'm not sure about is what level it will drop to. I don't think it will go as low as 20k but anything is possible in this market.