Bitcoin Liquid IndexUpdated Long term Bitcoin view: the path to $100k
I think Bitcoin will make a correction in the short run. The next target price can be 42k.
However I predict further gains in price in the mid run. The target of 100k may be achieved then. Though it is a far stretched number, I still expect a price move to that level.
If fail, we can expect a complex correction for the next 2-3 years. Final long term target will be above 100k.
#BTCUSDTP
However I predict further gains in price in the mid run. The target of 100k may be achieved then. Though it is a far stretched number, I still expect a price move to that level.
If fail, we can expect a complex correction for the next 2-3 years. Final long term target will be above 100k.
#BTCUSDTP
Note
The price move still looks like a distribution though I expect the price can move up to 52k.
If the price reaches that level, the most important matter will be the volume.
If there will be a big volume (dump), then we can expect a further price fall through 42k.
Note
we are getting closer to a bottom formation but we still need some time. no rush.
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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.