Looking purely at a TA view here, I'm showing Bitcoin's bullrun (and the crypto market in general) could continue for over a year before peaking in July 2022.
Price targets are based on Fibb retracement and Fibb time, both measured from the first initial wave.
Fibb time (blue vertical lines) predicts tops and bottoms essentially.
If we takle the current trend line (red arrow) and extend out to July 2022, we get a price target of $354090
Followed by a multi year bear market
Price targets are based on Fibb retracement and Fibb time, both measured from the first initial wave.
Fibb time (blue vertical lines) predicts tops and bottoms essentially.
If we takle the current trend line (red arrow) and extend out to July 2022, we get a price target of $354090
Followed by a multi year bear market
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.