Will Bitcoin make a new high before end of this financial year is my question because I do wonder just how much its got stuck below its recent action. It would only be a repeat of March when we marooned ourselves in a range below the new ATH and did not move for well over 6 months.
It could be we repeat or maybe Im expecting history to reflect on the present a little too much, I might be simplistic in my reasoning.
Basic take I have is Trump aint here yet and its the greatest understatement ever to say he has a big mouth and tiny hands to make it happen; market could be disappointed. Either way Im bullish BTC on a longer term view.
This year would be different simply due to how much bullish sentiment is built into it.
Never have we heard about whole institutions thinking about Bitcoin yet.
So we may end up in a different situation than it was in previous cycles.