When the epidemics realy breaks out exponentialy in US, and people will have to stay week or months in quarantine, they will need money. So there will be a down pressure. When the big whales notice that trend, there will be another dump. Bottom could be around 3000. then could the path up begin.
Well, the dump was 10 days later, than I thought. That shows that BTC has more optimism for the future. Halving is near, this time, it should break the ceiling, on the way up.
Up trend is not decisive enough, so the next pump, will probably be followed by 2-3 steps of dump. But there is a lot of optimism, and halving expectations. So I think, after a brief time under 9000, halving bull run starts (with alt-season). This bounce, could be the last time to buy unde 10000.
Will the whales cash out one more time, for one more bounce? Or will the bull pressure break resistance?
A lot of pressure down. Looks like a ~7400 will be the bottom. And there probably will by a short sell-off to ~7100.
But a dip would create a new buying opportunity and start a new volatility cycle.