2023 projection for BTC. Potential upside levels for mid year 2023.
Could move like this near term. This is just a projection
Possible to move up into end of year and then down after January
Sentiment is extremely bearish here. I think we could get a nice counter rally here
Historical bounces say 19's could be a level on a bounce
~30% short time to squeeze
Potential price action if QQQ peaks out here short term
Just a guess based on psychology, positioning, and market structure
Potential rally here to the 200 day sma, then pullback to the old high around 293.96, then another rally.
Potential medium term top
Around 3.66B market cap. Could potentially trade up to 12-15B market cap. Heavy short interest and no debt.