The price is not really looking like it is going down that easily. We have seen over $12k and that was a great moment however one thing is for sure, when it went down it could have hit the $9k price as well but it didn't that means bitcoin is not bearish, if it was bearish the price would have hit lower but it didn't that means buyers are still around and they are still keeping the price higher as well, that is why I believe it is hitting $17k first, not because it is bullish but because it is not bearish at all.
Being bullish and being "not bearish" are different things and I believe right now the price is not bearish which means the price is doing alright for now and until something changes and it becomes bearish there won't be anymore falls and that is why I believe we are going to do well.
I feel like whatever happens will happen very quickly, we have been stable once again for a while and there hasn't been anything that really changed recently, so that really makes you hopeful about the future of bitcoin and crypto, if the price has been so stable for so long, shouldn't it move very soon? That is what people really assume because nobody thinks bitcoin could be the same price for over a month, we all know eventually it has to change.
Look at the moment we broke over 11k, ever since that moment we have been expecting bitcoin to finally go above 15k for the first time since 2017 peak and some others expected it to go down, and for the longest time it hasn't done that. We are right now at longest time bitcoin has been over 11k, even when we became 20k we dropped under 11k quicker. So, that has to mean something.