Above $12k there is very little resistance to ATH and above. All the hard work has been done breaking $4k, $6k, $10k, $12k.
Which means that at this point either:
1) Moon, and then some. Or
2) This is where institutions dump on the Retail guys who are just getting brave enough to come back in after getting so badly burned in 2018.
Thoughts?
I'm sure there's gotta be some resistance somewhere along the line.
I alway thought that somewhere around $17,500 would have some resistance, when we start approaching the previous ATH... and since we are moving so fast, it seems that the resistance could come even before that.
Nonetheless, I am not going to put anything past
BTC. Certainly, our current ongoingly upwards price situation seems beyond almost any quasi-reasonable expectation. So, yeah, a dump could come at any time, whether that dump is coming from institutions dumping on retail or anything else.. so what.. there seems little to no reason to give any shits about those kinds of conspiracy angles... because in the end, even if some retail folks get burned, bitcoin seems to remain pretty solidly as a vehicle of the people... so in that regards, bitcoin has been open for any "people" to get in.. and sure, they would have had to have some access to information, which understandably is not available to everyone, especially people who might be less connected to internet ideas, but otherwise there has been decent access opportunities for regular peeps to buy.