VincePrince

BITCOIN, 2021 LEGACY, PROSPECTS TO A NEW-YEAR 2022!🎉

VincePrince Updated   
COINBASE:BTCUSD   Bitcoin
Hello Community, the year 2021 is finishing and for Bitcoin, it was an important year. As I forecasted in my analysis for the year 2020 as well as 2021 the massive decade-cup-handle-formation BTCUSD has finally completed and printed a run-up of almost 260% from 17.900 USD to 64.500 USD. If you did not see this analysis I highly recommend it to watch as this analysis is building a coherent follow-up to the previous two years ones, I link them into this analysis. Now as these strong movements completed and Bitcoin formed a decisive structure there are pivotal considerations to watch out for in the new year 2022. Therefore I will look into these and explicate them so we can prepare for upcoming events as we also do appropriately in our Elite VIP Channels, in this manner, from my side a Happy New Years Eve for everybody. May 2022 bring you health, prosperity and good connections.

▶2021 As A Year Of Continued Bitcoin Adoption:
2021 is finalizing and we can see that important things moved Bitcoin in 2021, mainly we can see that 2021 was a year of institutions and institutional interest has grown reaching from bigger banks to companies like TSLA and also Microstragey moved on to accumulate more Bitcoin. This is why we have seen these strong volatility bounces in 2021 especially also as big players had their rigged approaches in Bitcoin. Nevertheless, 2021 was also a year in which mainstream adoption accelerated as several Bitcoin-ETFs and other Cryptocurrency ETFs got their approval, which is a positive development for a continued mass adoption that will hold on in 2022 as well. Also, a fundamental development that printed headlines was the fact that El Salvador launched to adopt Bitcoin as a legal tender which contributed to more positive sentiment for Bitcoin as an actual currency which was also a pioneer action that other countries are considering to follow. All these developments are showing that Bitcoin gets more and more adopted by the mainstream and that this trend is likely to move on which shows an abundant landscape for Bitcoin continue its historical monetary journey.

▶Technical Developments In 2021 And Prospects For 2022:
As when looking at my chart now we can watch there how Bitcoin completed the whole massive cup-handle-formation I mentioned in my previous years forecasts, this completion confirmed even more targets. Besides that as Bitcoin moved on to breakout the cup-handle-formation we can watch in this chart now that Bitcoin continued to hold on above the 60-EMA marked in red and above this EMA BTC has now moved on to form the next historical triangle marked in blue that I already mentioned in my triangle cycle analysis. As Bitcoin is finishing the wave count within this triangle there is a high possibility given that this whole formation completes which will happen when Bitcoin finally bounces above the upper boundary as seen in my chart. Therefore there is a great objection given on the middle to long term basis however on the more short term basis we should expect that volatility developments will increase further and that Bitcoin will show more and more rigged movements on short term outlooks as I already pointed out in my Rigged-Bitcoin-Analysis.

➥ Decade Cup-Handle-Formation Forecast In New Years Eve From 2019 To 2020 - Technical Analysis-Prospects For 2020:

➥ Completion Of The Decade Cup-Handle-Formation In New Years Eve From 2020 To 2021 - Technical Analysis-Prospects For 2021

In this manner, thank you for watching the analysis, it will be great when you support it with a like, follow and comment for more upcoming market analysis, have a good New Years Eve, lets move into 2022 together and boost the goals, all the best!
"Good fortune is when opportunity meets preparation."

Information provided is only educational and should not be used to take action in the markets.
Comment:
The Main Bitcoin Triangle-Cycle And The Current Triangle Development:
Comment:
Short-To-Middle-Term Rigged Bitcoin Movements To Watch Out For In 2022:

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