You should watch the news carefully that we are expecting on March 2021; at least one of these news will come out in March and will allow us to visit between 60k and 65k.
- SEC approves any Bitcoin etf submissions.
- Amazon's start to accept crypto as a payment method.
- Blackrock's public announcement of the amount of bitcoin it collected.
If it does not happen in March, these three developments will be announced in the following months.
In addition to these, I have a neutral or positive expectation from Janet Yellen about the crypto market. The move that I expect to cause the most increase this year is that the infrastructure that allows ordinary people to buy Bitcoin instantly from applications is ready and widespread.
PLEASE CONSIDER! These are all my personal expectations and they are not an investment advice.
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