Bitcoin's chart on the weekly is at such an interesting place right now hovering around the 50 EMA as well as the 38.2% fib retracement level. I think January will be a more sideways movement with volatility continuing but I can't see how we don't return to a bullish trend in February into year-end unless we have some extreme catalyst.
Institutional adoption is only increasing, on-chain analytics looking strong, and the technicals speak for themselves. My ATH price target for 2022 is around $85,000 but wouldn't be surprised to see > $100,000. Downside I could see $35,000 but that's as far as my models which project.
Time with tell
Institutional adoption is only increasing, on-chain analytics looking strong, and the technicals speak for themselves. My ATH price target for 2022 is around $85,000 but wouldn't be surprised to see > $100,000. Downside I could see $35,000 but that's as far as my models which project.
Time with tell