I believe now it is safe to say, that the recent crash was just a correction, which resulted from the huge gains we had in the weeks before that.
It seems like the confidence is back and we are moving upwards with a good momentum.
This raises two questions for me:
When are we going to see the next correction? (small or large)
And
Where are we heading?
Are we going back to a BTC price of $20.000? and a market cap of $830
Looking at the chart I think we will have some resistence again around $12.000 and $13.000.
Even though this is just the Bitcoin chart, it became obvious in the past, that the Bitcoin price is a good indicator for the entire market.
Eventuelly I'm convinced we will see a BTC price of $20.000 again this year, but I don't think we will see a crayz rally again like we did last December.
It feels like the market is actually maturing, shitcoins are disappearing and crypro gets more and more attention.
