Looking at some dominate trends in BTC price history the path to 100k is still very likely in 2022.
-- We could be playing out the same trend from COVID last year
-- Check out the Rising RSI on weekly, Credit it Philakone for noticing how these concave/convex RSI trends play out
The window for testing the 20k range is quickly closing (Green Triangle)
-- If we hit this I'll personally be buying up everything I possibly can.
-- Huge support for the road to 100k
If you draw some FIB trend retracements and extensions you'll see that they land nicely at 100k-120k range, which also corresponds to channel mid line (Or top of channel. Every channel is comprised of other channels)
Thoughts? Comment below!
** These are my personal thoughts and analysis, nothing here is to be taken as investment advice. CRYPTO is high risk market, invest at your own risk.**
-- We could be playing out the same trend from COVID last year
-- Check out the Rising RSI on weekly, Credit it Philakone for noticing how these concave/convex RSI trends play out
The window for testing the 20k range is quickly closing (Green Triangle)
-- If we hit this I'll personally be buying up everything I possibly can.
-- Huge support for the road to 100k
If you draw some FIB trend retracements and extensions you'll see that they land nicely at 100k-120k range, which also corresponds to channel mid line (Or top of channel. Every channel is comprised of other channels)
Thoughts? Comment below!
** These are my personal thoughts and analysis, nothing here is to be taken as investment advice. CRYPTO is high risk market, invest at your own risk.**