This is how is going to play out until the end of the year for various reasons:
Once the hashrate is back to previous levels and all the previous points are resolved, it'll hit new ATH.
Chill and be prepared to stack.
Edit: Check my previous published idea from a year ago.
- Volume is decreasing
- Regulations
- Stablecoins like Tether are under scrutiny
- Mining moving away from China
- CME gap at 18K
Once the hashrate is back to previous levels and all the previous points are resolved, it'll hit new ATH.
Chill and be prepared to stack.
Edit: Check my previous published idea from a year ago.