I think, a healthy retest of the downwards channel we are in before more up could result in a price target nearing $50k before March. Then, I would expect us to reach previous ATHs around the summer, and reach $100k EOY.
I think that if we are rejected again and break down, we will see $20k bitcoins soon and confirm that we are in a bear market.
Just to remind...
Even after Bitcoin dropping 50% in less than 3 months, I am very bullish.
This short term price action is 100% market manipulation by whales to grab as much liquidity from others as possible before inevitable run ups.
Bitcoin still has been the best asset class to invest in in the last 10 years, outperforming property, art, vehicles, commodities, currencies...
This seems to be an important support line - if we close on the daily below this line I will sell it all as I believe it would be worth the risk to sell to accumulate more bitcoin/altcoins at a way cheaper price.
Hi. I am by no means a financial advisor nor professional, but it is evident $214 is a key area of resistance, as it has been resistance and support in the past. I expect to bounce off this, and have a little dip before testing higher levels of resistance (~$240).
I am DCAing in every day, I am SO bullish on Solana, the ecosystem and NFTs on Solana for the long...
Hi. I am by no means a financial advisor nor professional, but I believe the price of 1 bitcoin will reach 70k by February 2022. Over the past 3 months, when there has been a green weekly candle engulf a red weekly candle, a 40-50% bull run in the next 5-6 weeks have followed. Therefore, 70k target by January is quite conservative in my opinion.
If you...
