BTC is stuck in this downward trend channel. The arrows indicate previous support trends. I personally think it will bounce around 5k. Its a big even with previous points of support and resistance. If it follows the trend the whole way to the bottom of the channel, through all the resistance walls, we could see it go as low as 2.5K
I agree with Tom Hall on his long term fundamentals of BTC. I do think it will go higher than 20k, but it shouldn't be in the lead position.
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