Bitcoin Market State - June 2022
Updated
Looks like our 4 year bear market is being accelerated. The base action plan has not changed, we're still unloading between Dec 2022 - Jan 2023, however the price targets are likely different.
I don't think that Bitcoin has a high probability of making a new ATH from here in the coming few years, most likely it will peak at around 37k-42k in December / Jan, before continuing the bear trend down to 7.2k-7.6k.
That said, I won't exclude the possibility of an alt-season during this year (2022), before the BTC bear market takes hold in full force. We may well see some Alts hitting new heights before the year ends. After that, bear market across the board.
-Hawk
I don't think that Bitcoin has a high probability of making a new ATH from here in the coming few years, most likely it will peak at around 37k-42k in December / Jan, before continuing the bear trend down to 7.2k-7.6k.
That said, I won't exclude the possibility of an alt-season during this year (2022), before the BTC bear market takes hold in full force. We may well see some Alts hitting new heights before the year ends. After that, bear market across the board.
-Hawk
Note
Resistance reached. 100% rally from the long signal.Anticipating a roll-over in the coming weeks.
Discord: discord.gg/zwmaKKPsTg
Hawk Liquidation Theory: medium.com/@FinanceHawk
Algo: tradingview.com/script/1BLhORNz-Alpha-Numerologia-by-Alien-Crew/
Indicator Private Access in Discord.
Hawk Liquidation Theory: medium.com/@FinanceHawk
Algo: tradingview.com/script/1BLhORNz-Alpha-Numerologia-by-Alien-Crew/
Indicator Private Access in Discord.
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