Bitcoin Bulls are Steadfast, $20,000 Is a Conservative BTC Target

After two months of a relieving rally, BTC prices are pulling back. It’s nothing new. Extended gains, rallies and cool offs are typical in healthy markets, and Bitcoin is no exception. Besides, there is nothing to worry about considering significant developments and shifting sentiment in the last few years.

A decade of resilience, FUDs, and the sphere now has deeper liquidity cushioned by a public campaign to increase awareness that is paying dividends. Since the narrative is changing, and banks are increasingly accepting the world’s valuable digital asset, investors believe that Bitcoin, in its pure form, will play a crucial in years to come.

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