HeyJonBray

BTC 6mo. Thoughts: Bears not Done Hibernating

BITSTAMP:BTCUSD   Bitcoin
With one of the worst economic depressions and war brewing between superpowers on the horizon I thought it would be a good time for my bi-annual for my 6mo. BTC projection going towards the summer.
My last year's ETH projection played out more or less exactly at the price points expected, although timing them is difficult (with many spiteful comments from ETH maximalists!).

Note: The orange projection period of sideways movement is elastic, and could be short or it could go through the end of 2022 (I'm thinking most of 2022 in that range given the state of the global economy and where it's headed.).

We need strong capital influx at the end of the correction, propelling the price sideways for 1-2 mo. before the bulls can take over.

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