weslad

Bitcoin expectation in 2022.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hello friends,

So many expectations this year but many will be disappointed as Bitcoin will likely remains in range throughout the year.

On the chart, the range zone is showcase with wave abcde, the outcome of the range will determine BTC next destination, either BOOM or DIE.

The extreme power of Demand and Supply Lines on the chart will be hard to ignore. This implies majority will be waiting for this magic test if it will ever happen.

Trend indicator remains BULLISH , so we can assume this range will break in support of the Bull.

Stay with this post for continuous updates on lower timeframes.
Trade active: The last view made still looking pretty good, considering this view, we have potential price test towards 30k or 29k incoming. Although this may not happen immediately.


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