Hello Traders, I have decided to make yet another update a year later on the long term for Bitcoin. It appears we have reached another "bottom" similar to what happened in June 2021. From here if we follow the same path as what happened in March 2020, we could see a bull run from now moving forward till about April 2023. This is obvious speculation so don't get fully excited. It's just sharing my thoughts based off previous trends and how the market has done this before several amounts of times. I am personally looking to purchase 1.0 BTC around 18-20k for the long term.
Short term, We are seeing major resistance around 37-38k at current date June 20 2022.
Indicators:
200w SMA
RSI
Check out some of my other ideas! :D
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Happy Trading! :D
If you have any questions, leave them below.