Are we headed to a new all time high now that momentum is very high

[Fortify]

It's looking increasingly likely that Bitcoin will continue the trend upwards. With that latest Paypal announcement, many institutional investors and fund managers now have the green light to start pouring money into it for their clients. There have been plenty of surveys done, including those covering the most recent economic quarter, which show that it is going to be in very high demand. Credit is very cheap right now and people who have a lot of money will tend to love a "currency" that allows them to move money across borders with great ease. They no longer need to have bank accounts if they can pay for stuff in the ever increasing eco-system around cryptocurrencies.

[beerlover]

Are we "headed" to a new high? Sure we are headed that way and it looks like everything is in place for us to reach those levels, however it also doesn't mean that we will be there for sure, it just means that we are on path of that road right now but nobody knows if we will have enough fuel to continue down this path or not.

We are very excited because crypto world is doing amazing for the past 2 months or so, we are very excited because we have been waiting for these type of days to come for years now, but we should also be very careful about what is going on as well. It is not really something we should be focusing on alone, we should also focus on the fact that what does it mean if we break over 20k? What happens after that? We need to know that or we will crash again after breaking over it.