BitcoinUpdated BTCUSD: Decision Time 2022
The markets, while particularly jostled and unstable, are also as equally unsure. We've seen MASSIVE gains for both crypto and the stock market through 2020 and 2021.
But what will happen in 2022? MANY predict a continued downtrend. Some predict a massive crash. Others, fueled by hope, think much higher highs are to be made.
Is inflation bad for markets after all? Will war boost or stunt the market? Can crypto outpace Oil anytime this year? Is it time to buy gold instead? Keep your eyes peeled, friends.
But what will happen in 2022? MANY predict a continued downtrend. Some predict a massive crash. Others, fueled by hope, think much higher highs are to be made.
Is inflation bad for markets after all? Will war boost or stunt the market? Can crypto outpace Oil anytime this year? Is it time to buy gold instead? Keep your eyes peeled, friends.
Note
Since this is essentially the last line of support for BTC, it still stands to reason that BTC has not flipped bearish for some sort of massive capitulation yet. BTC is still at 38.5k or so, and the line in the sand is at about 37.5k. Don't quite sell everything just yet. There is still the possibility that this area could be the bottom--and missing that obvious call could be devastating if you're not in position to reap the gains if we move upward from here.Be ready for anything.
-March 10, 2022
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.
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.