If $30k continues to hold, I think we still see $100k this year

It's somewhat crazy to think about now, considering all that has happened the last couple months, but I still think bitcoin's best days for the year are ahead of it.

Well, as long as that $30k level continues to hold.

If that level continues to hold I think we see $100k by the end of the year.

That would line up well with previous post halving bull market peaks and it would work well seasonally as November and December are seasonally pretty strong months for bitcoin.

Here's how it gets there:

(Source: https://twitter.com/mcneillydaniel/status/1412199617639288836/photo/1)

We create a large cup that completes somewhere in the fall and then consolidates for a bit before the blast off to $100k and possibly beyond by the end of the year.

If $30k breaks though, sadly my predictions for $100k btc in 2021 also break...

And yes I know technically we have already broken $30k, with that $29k touch, but I mean break $30k with conviction and hold below those levels for a period of time.

We need to continue to defend this level for better price action later on!