The recent energy of the market is showing that a new ATH will be created soon. Bitcoin tested $70k today which represent 8% increase in 24hrs. Just that it is impossible to know when it will happen because Bitcoin might decide to retrace from this point for weeks before continuing the upward movement. This is the reason I do not worry so much about when the price will get to a certain point rather I try to take advantage of every buying opportunity the market offers.
So basically Bitcoin could go up or down. Great analysis haha
Those self pro called professional traders or economist always been like this, they said when the price crossed x, it will pump to y and when the price down to x, y will be the bottom. Anyone, without need to have a degree or approved by a lot people, can predict like that.
Ever since I stopped listening to those analysts, my peace of mind greatly improved. All they spread is fear and uncertainties which is not good for any investor that want to hodl. Most of them are day traders or short term investors, that is why they worry about the top and bottom because they want to buy low and sell high.