There are no bears, just as there are no bulls. There is a pre bull market going on though, and like every pre bull market it has extreme bearish weeks. Just as it is the other way around. At least BTC price action is always interesting and hardly ever crabbing. Whales can make it fly like an eagle or drop down like the same bird. In both flight patterns we always see bounces back.
In the long term 100k is not far fetched. In the short term BTC will probably tickle and tease 37500, just to move back up. In the mid term 52k is actually not far away.
BTC has experienced and survived naysayers since its birth. And it will survive the naysayers this time as well. There are too many bull indicators to make it go down under 30K this year. Even ETF is a bull indicator. Remember it went up from mid 20s till 49k, just of the ETF news? Now, it is just a small consolidation period. Then it will rise up again. The exact moment is hard to point out. It can be in a few weeks time though. Take some coins and put them in a bag, because it is time for sale in cryptoland.
In the long term 100k is not far fetched. In the short term BTC will probably tickle and tease 37500, just to move back up. In the mid term 52k is actually not far away.
BTC has experienced and survived naysayers since its birth. And it will survive the naysayers this time as well. There are too many bull indicators to make it go down under 30K this year. Even ETF is a bull indicator. Remember it went up from mid 20s till 49k, just of the ETF news? Now, it is just a small consolidation period. Then it will rise up again. The exact moment is hard to point out. It can be in a few weeks time though. Take some coins and put them in a bag, because it is time for sale in cryptoland.