Bitcoin likely to bottom out at the end of 2022
Updated
I think bitcoin will bottom out somewhere around 25k in Q3 or Q4 in 2022, and then range between the highs and lows for another 18 months. The next halving is expected to be around march of 2024, and the bull runs naturally happens a few months after that.
Note
Bitcoin just got down to 20800. It might go lower due to the macro outlook, but I don't think it's a bad idea to start buying some here.Note
It failed for a few months there, because of FTX. Let's see if this resistance will turn into support.Note
Looks like resistance turned into support.Note
Right on track again.Note
A pullback here would make sense.Note
I predicted this pullback two years ago.Note
We might re-test 48-52k area if we don't hold 57k, but I'm quite bullish for the next 9-15 months.Note
We got down to 49k, now back at 63k. As soon as this breaks 72k it will probably go parabolic.Trade active
It broke 72k last week, and is now at 93k.
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