In my opinion the total network of partecipants have to buy above this area to keep bull run alive.
Below 30k we could reach a local low-low before the storm.
Another consideration is "which event could boost this bull run?"
Maybe Russia or Turkey that adopt/legalize Bitcoin?
Tesla resume Bitcoin payments?
McDonalds do something around crypto space?
Any other gold swan?
We NEED a huge event, an event catalyst...otherwise why Bitcoin must reach 500k?
Below 30k we could reach a local low-low before the storm.
Another consideration is "which event could boost this bull run?"
Maybe Russia or Turkey that adopt/legalize Bitcoin?
Tesla resume Bitcoin payments?
McDonalds do something around crypto space?
Any other gold swan?
We NEED a huge event, an event catalyst...otherwise why Bitcoin must reach 500k?
