My prediction for Bitcoin. Unfortunately it could very well be that we have to test the sub 20k levels again.
HOWEVER, around the "critical point" the alt coin market might have very well surged tremendously (XRP to the moon pls). If BTC manages to break over this point, then the outlook also changes drastically - perhaps we test the full fibonacci extension to ~72k$/BTC.
If we take the road down, I think +/- 18k$/BTC is a good re-entry price.
HOWEVER, around the "critical point" the alt coin market might have very well surged tremendously (XRP to the moon pls). If BTC manages to break over this point, then the outlook also changes drastically - perhaps we test the full fibonacci extension to ~72k$/BTC.
If we take the road down, I think +/- 18k$/BTC is a good re-entry price.