The head formation is not the best, a bit choppy. Some would say those are "false breakouts". It didn't crack the 60k resistance. The hype was maximum at that time. There are no new adopters. The talk about industrial adopters is wrong, some have just tipped their toes. There are more negative sides, but enough about that.
On the positive side, I hope I am completely wrong about cryptocurrencies and it will win over the government controlled money.