Bitcoin 5 year prediction
Updated
It's time to look out for a lower high on the weekly chart. This recent rally might go as high as 50k +/- 10%, and that could be a good short opportunity.
I think 2022 is gonna be a bearish year, and that the bottom is gonna be around 20k +/- 20% about a year from now, which could be an incredible buying opportunity for the next few years.
If the weekly chart starts to close several candles above 50k, this idea is invalidated.
I think 2022 is gonna be a bearish year, and that the bottom is gonna be around 20k +/- 20% about a year from now, which could be an incredible buying opportunity for the next few years.
If the weekly chart starts to close several candles above 50k, this idea is invalidated.
Note
It's december 11th and the price is at 17200. I think the bottom is in.Note
And now we're above 23k at the end of january, as predicted.Note
Although I expected the price to be about 10k higher by this point, this has been pretty accurate. Exciting times ahead.Note
And there it is.
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