There are 2 possible scenarios for BTC/USD. If we get a weekly (or even just daily) close above $20k we are going to moon and ~$19k can be set as stoploss (if using margin - safer option is no margin and HODL).
If we cant establish above $20k we will bounce back down for a bit, but shouldn't go under $10k, and maybe we will only go down to 15k$. That is an opportunity to buy at lower prices (dont use margin if u ask me). Then eventually we will come back up and break through the $20k.
After breaking thru $20k, in a few years minimum target is $50k, possible target $300k and if theres another crazy boom we could hit $1M for very short time (unlikely IMO).
If we cant establish above $20k we will bounce back down for a bit, but shouldn't go under $10k, and maybe we will only go down to 15k$. That is an opportunity to buy at lower prices (dont use margin if u ask me). Then eventually we will come back up and break through the $20k.
After breaking thru $20k, in a few years minimum target is $50k, possible target $300k and if theres another crazy boom we could hit $1M for very short time (unlikely IMO).