At the end of the year I am hoping to see at least 13k, I know that is a very risky price and whenever we reach it the price goes down so it should be more like 14k but I feel like we will break the wall around 14k but we will fall a bit so that whales could get some more, which will result with us going above the 14k, breaking the 13.8k wall, making it easier to go back up above to 15k+ and than going down so that whales could accumulate more bitcoins, that is exactly the stage we will leave bitcoin on 2019, on 2020 it will be accumulated enough in first few months and on close to halving it will be skyrocketed again only to fall after the halving when people realize nothing major will happen. That is exactly the road map in my mind about bitcoin for late 2019 and early 2020.
We already visited the 13,000$ level twice this year so we could easily identify 13k as a major resistance for BTC at it already failed to break the resistance twice that is why we are now consolidating from 9,000$ to 11,000$ level. Expecting Bitcoin to have a walk in the park from 9,000$ to 15,000$+ at the current situation we have for this year seems to be not possible
I don't think it is completely impossible
What we are dealing with here seems to be called a recency bias, i.e. we don't expect prices to move too far away from their current levels (this is a very common misperception anyway). To understand why it is indeed a bias (in fact, a handy euphemism for being deluded), all we need to do is recall that only half a year ago Bitcoin was trading in the 3-4k range, and most of us didn't seriously expect or even imagine prices like 13k and above anytime soon, definitely not by this summer
And by the way sometimes if not most of the time the whales are not the ones who are waiting for Bitcoin to go down they are the ones who are the reason why it's falling down due to them offloading their position on certain levels and buying them back again, that's why we are seeing Bitcoin having huge price swings even in consolidation
I think whales are sitting on the sidelines for the time being, while the huge price swings as of recent can be explained by trading volumes declining, which essentially means there is no demand nor supply in sufficient amounts at these prices. That, in turn, means volatility running wild as under these circumstances it doesn't take a lot of liquidity to move the prices considerably in any direction. That seems to be a pretty good explanation of what is going on now
However, if you have a better one, you're welcome
