I think we are going to visit $3k again after the halving.
Three digits is very likely to happen at the end of the year, due to bitcoin not recovering two thirds of the ATH, needed for triggering the bull market.
Also there is the plandemic, and people letting their liberties being taken away by the upcoming global tyranny. This is having a heavy impact on the price, as bitcoin is now correlated with the stock markets.
A 100-year bear market is very likely to happen. I hope that I'm wrong, since I'm still long in bitcoin and doing a inverted DCA strategy, just for precaution.
Having those precautions isnt bad but those are way too deep and come to think that;
Bitcoin/crypto market isnt correlated with Stock/forex market
Pandemic isnt really that much an issue
if you do try to look the market condition even into those circumstances above then you can say that we're doing pretty well here
in crypto space.
Going to 3 digit price is unlikely to happen.We arent hoping for fast breaking that ATH but we do hope for at least some good numbers
ahead.
I am more on the positive side as well, going upward in the next coming weeks or months. The sudden fall, though we were not expecting that to happen this early, is very possible to happen as big whales maybe are doing some sell off, but they will buy again. I don't think we will go back to $3k again. Even if we are still in pandemic, btc survives and trying to get back. It is really interesting what will happen after this halving, the next 24 hours will be fascinating to follow, what will be the movement in the market...