Bitcoin has two long-term fates: It will either drop to ~12K or rise to ~300K. But if we look at the bigger picture, we will discover that:
1- We haven’t reached the upper-bound of the major channel.
2- We had the same price drop in 2013 after hitting the 0.786 Fib level.
3- 45K is very important . First because it’s the only key level(monthly close) that should get broken. Second the upper-bound of the current is close to 45K. Third 45K is the weekly 200 . The current price(40k) needs only ~12% increase to pass this level. It is very possible because we are closing this month with a strong green candle. So for the next month to generate ~12% increase is an easy bet. Then the price will be above the weekly 200 , which is a strong support to toward 300K.
I know many retail investors think price will drop but it will not, it’s how we all lose.
Don’t forget to send me some when you get rich. My BUSD( BEP-20 ) address: