Yeah, this run is fully out of control and the market is showing zero weakness. I keep reminding everyone that MicroStrategy buying $425M didn't raise the price. Well, that was just a delayed reaction we are seeing today, along with all the other buyers. I think it's very safe to say that a ton of the people buying today are willing to hold for an entire year at least for those long-term capital gains taxes.
A huge percentage of traders are going to flip bearish to bullish once we break above $21k. They all thought we'd bounce off $20k. Might even see an epic bear trap very soon.
Once $20k breaks, there is literally no technical reason to be bearish, none. Then it just becomes guessing psychological resistant points or total market cap resistance points. Those guesses tend to vary widely and not be nearly as strong. :)