Possible bottom being made in March and a bullish impulsive wave possible over the next quarter
Looking like a good time to load up and hold for a year or two to see a possible test of all time highs
Flight pattern for lift off to all time highs $70K+
Might be seeing a wave 2 bottom here in which case next week we could see the start of a wave 3 move higher
Getting above 40K before next month would set up potential to test 50K in March
Daily MACD crossover suggests bull trend continues with potential to test $200 by Spring
Signs of accumulation between $290-300 suggesting a move back to prior resistance at $350 possible by Spring
Signs of accumulation between $800-900 suggesting a move back to prior resistance at $1250 possible by Sprng
2000 acting as a possible demand level so look for a retest of 3000 next month
Possible to see total market cap move from $1.5T on to $4.5T
6 month outlook can shift back to bullish starting in February
February turns green with new highs possible by mid year targeting 5000
Price now testing major support zone. I'm looking for bullish candles between 425-435 this week to confirm the bull trend returns in February
Could this be a wave 4 that completes at $30K? If so then we might see new highs by the end of the year r
The 20weekly ma may provide support and price can push to 500 in 2022 Q1
Corrective wave looks to be completing this week. I want to see a bounce back toward 16K to confirm it
Historically this is a good place to bounce= daily 50ma
41.50 is likely support if this is wave 4. Soon we can see a push up toward $50 for wave 5