If BTC is a false bull
The two most likely trends
First, why do I say it might be a false bull? This time the rise has been completely forced up; the market hasn't increased liquidity, and the Federal Reserve hasn't lowered interest rates. The rise has been driven by Trump shouting about it every few days, and it has gone up without any pullbacks. Altcoins haven't seen the same increase as last November, and I have every reason to believe this is Trump creating a fake bull in order to pay off the US debt due in June, luring many people to buy in, only to then experience a significant drop below 7. So if it is a false bull, there are two possible trends for BTC.
The first is to rise to around 114,000 and then drop significantly.
The second is to drop significantly directly from around 111,900.
Regardless of which trend happens, as long as it is a false bull, then the major drop I've been predicting from April to May might actually come true. A significant drop would mean heading towards new lows. Of course, a major drop also takes time to verify; it won't happen in just a day or two. Whatever rises for a long time will fall for a long time (I think this possibility is very high).
There is also another possibility, which is that I might be wrong, and it is a true bull. In that case, after this pullback, it could go up to 130,000, but I believe this possibility is quite small. I still maintain my previous viewpoint that there will be a significant drop from 110,000!
