So, Bitcoin is very good at leading you to the wrong conclusions. I believe right now the Bitcoin price will fake itself in order to keep the hopium of the bullrun of 2020 high. This means the wedge-formation will most likely be continued for the coming months. However, I do not believe we will soon see a bull market as in 2020-2021. Rather, the dispersion of the wave structure will make bitcoin continue to range between 30k - 55k in the coming months, with a big dump somewhere down the line back to the bottom of the trend. Ofcourse, this is all speculation.
