I agree that Bitcoin will not reach 9000$ by the end of this year. About two months ago I would say it is possible but now I'm not convinced anymore. We are running out of time and the price and the market are not showing indicators that some big change will happen.
I won't be so quick to want to accept that, considering that this is something we can hardly know, and for the fact that bitcoin has surprised so many times before. Also, I would not even bother about how ETF will be influencing anything at all at the moment, but one way or the other, lately, what I have been so quick to come to terms with is to just see what the trend comes up with. We can be hopeful, make assumptions, or be pessimistic, but at the end of the day, time will bring what it wants to bring for the market in the long run, and that to me is all that matters at this stage, but I would not be surprised if bitcoin gets above $9k.
In any case, it might not go to new highs but it can go to $10k, I reckon.
Yes, although, we also have to consider the fact that bitcoin was in an uptrend throughout last year, so that made it easy to get that movement instigated and possible. As far as I am concerned though, I am pretty optimistic this year could still bring something a bit cool but not too much but how far it goes is something we best live with time. When it comes to seeing the market getting pumped though, we have seen it before and really, I would not be surprised to see that happen actually when it comes to setting some new highs above $9k.
