Bitcoin long term potential path
Nobody knows but one can speculate.
One potential path for bitcoin to take. I expect this bull run to manipulate a lot of traders/investors who assume we will replicate the past cycle.
•Lower side drop buy prices around early september 2021 (13.8k to 27k).
• Intermediate top 120-150k mid 2022. Followed by 50-60% correction
• Final swing up to a final bull market top around 200-300k mid 2023.
— [All forming a large rising wedge] —
Just a projection for me and nothing I or you should bet the corn on.
Always adjust your strategy when the market gives you indications to and be ready for anything and everything. + hodl on.
Good luck.
One potential path for bitcoin to take. I expect this bull run to manipulate a lot of traders/investors who assume we will replicate the past cycle.
•Lower side drop buy prices around early september 2021 (13.8k to 27k).
• Intermediate top 120-150k mid 2022. Followed by 50-60% correction
• Final swing up to a final bull market top around 200-300k mid 2023.
— [All forming a large rising wedge] —
Just a projection for me and nothing I or you should bet the corn on.
Always adjust your strategy when the market gives you indications to and be ready for anything and everything. + hodl on.
Good luck.
Related publications
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.