I think Bitcoin will make a correction in the short run. The next target price can be 42k.
However I predict further gains in price in the mid run. The target of 100k may be achieved then. Though it is a far stretched number, I still expect a price move to that level.
If fail, we can expect a complex correction for the next 2-3 years. Final long term target will be above 100k.
#BTCUSDTP
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The price move still looks like a distribution though I expect the price can move up to 52k.
If the price reaches that level, the most important matter will be the volume.
If there will be a big volume (dump), then we can expect a further price fall through 42k.
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we are getting closer to a bottom formation but we still need some time. no rush.
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