BTC road map until next halving
BTC gonna trade in a trading range until next halving. although the price might go higher but if tapering is going to happen in 2022 2023 the price of Bitcoin might go sideway until the halving.because of supply and demand effect. so first scenario is tapering gonna affects the prices in all markets, in that case until 2024 we are gonna stuck in a trading range between 30K and 69K. the second one is tapering doesn't affect the market and the price going to reach higher than 69k. anyway the channel in the chart still respected by price and in a bad scenario the price can reach 26-27 bottom. so all in one hand, My vision for BTC is side way or long.
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.