I think most people neglect comparing BTC price action and overall setup agains other currencies than USD. This is not to say it will happen and that target will be reached 100%.
After analizing patterns this is what i see. I assume there are algorithm bots choosing paths depending on volume . Right now i see two scenarios leading to one final effect. *Green one seems more probable basen on rsi
Before any major bull run we need a good base to start from which in this case is confirmation of double bottom at ~6,8k. (W - bottom) I think giving the volume and market cap declining its safe to say we are going to see that number soon. Alot of money is sitting on the sidelines waiting for that price. So sit tight, minimalise your loses or get that cash ready...
Nano is sitting nicely on 0.618 fib retracement level. It found support there as it did before on 11th of Feb. We can't say what will happen next, but double bottom confirmation is often needed before major bull run. So if BTC visits 6k again to confirm its double bottom then NANO might do the same at 0.0006126 sat level as it did before on 20th of Feb.
Looks like bullish flag is forming. Worth attention.
I do see downward trend change as we approach the bottom. Worth attention. Chart looks like a landing plane.