MY FUNDAMENTAL OUTLOOK
As indicated in the price chart above, I believe $75k BTC price peak is inevitable in 2022 but with so many factors pilling up against seeing higher prices in bitcoin, I think we will spend the majority, if not all of 2022 in this price channel which means we should be expecting a pause in huge price swings, The U.S CB will now be paying more attention to inflation and easing the ongoing quantitative easing which is expected to choke public spending, BTC being an emerging technology will maintain its value through this period we might just not see huge growths during this periods compared to huge rallies in previous years. I will continue DOLLAR COST AVERAGING into the market. DYOR!!!
As indicated in the price chart above, I believe $75k BTC price peak is inevitable in 2022 but with so many factors pilling up against seeing higher prices in bitcoin, I think we will spend the majority, if not all of 2022 in this price channel which means we should be expecting a pause in huge price swings, The U.S CB will now be paying more attention to inflation and easing the ongoing quantitative easing which is expected to choke public spending, BTC being an emerging technology will maintain its value through this period we might just not see huge growths during this periods compared to huge rallies in previous years. I will continue DOLLAR COST AVERAGING into the market. DYOR!!!