This should naturally rise in the 21k to 23k range, but there is also a scenario of a long-term decline as the inevitable flow of liquidity, such as the global economic downturn, is cut off.
Note
This may be a pattern of decline that has not been seen in Bitcoin's cycle over the past decade.
Note
Or if one of the forces that has a lot of supplies can't stand it and starts dumping...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.