So basically BTC is forming a clear bearish pattern aka Rising Wedge, usually the price target is equal to the height of the back of the wedge.
Now I'm not saying that we will see 20K but imo we could , I mean why not
But there's also a hope of this pattern to be failed, any pattern can fail.
I think we're still in a bull run above 30K, otherwise I would be more bearish under 29K levels.
Now this is my personal opinion, I'm still trading but most of my portfolio is Cash, cash is your best friend these times.
NFA , Good Luck
Now I'm not saying that we will see 20K but imo we could , I mean why not
But there's also a hope of this pattern to be failed, any pattern can fail.
I think we're still in a bull run above 30K, otherwise I would be more bearish under 29K levels.
Now this is my personal opinion, I'm still trading but most of my portfolio is Cash, cash is your best friend these times.
NFA , Good Luck