It is on a weird spot. Now we all now that bitcoin has two gears. Either it goes way up and surprises us, or it goes down really quickly as well. Now we are not in a place where it can go from 20k to 6k, there is not a room for that much drop. So thats good, it can go down to 4-5k at worst, which is still fine, however it can go over 20k which it once did, not easy task sure but it can still achieve it and who would be surprised? So the upside is better than the downside.
In the medium term, that is a move that may not quickly come before July ends, but who knows, it is the market anyway. So far, we are simply seeing more buying momentum than selling momentum which explains the rising enthusiasm we just got out from downwards within a very short period of time. For now, nothing is guaranteed yet as we are still in the beginning of rising market, but at least for short term, I may be expecting around $15k before seeing any serious move in either direction. In this market also, we all must need some plans to make ourselves prepared against surprises and frustrations. For that, this kind of discussions are helping a lot for me always.
