Right now we have a lot of new investors that bought here at peak. There is a lot of greed. I can see a backtest to 47K and eventually because of the fear indicator to 30K. This could happen in Minutes, Hours, or Days we never now in this market so be prepared. The Alt Coins will probably also have a correction because if Bitcoin, great chance to buy more! We are only at the start of a MEGA cycle, big companies and institutions will invest in the crypto market this year.
Don't get me wrong, I am short for the next days but for the next months, years I am VERY bullish I can see the 100K mark for Bitcoin this year.
I wish you all good luck and CHEERS to a great crypto decade!!! :D
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