BTC over the next few months prediction

11 ene 2022

Here on the chart you can see we are in a short term correction, we are likely to find some sort of support around 37,500 usdt but lose support and break to downside towards 28,000 usdt. If this happens it should be offering a great opportunity to buy into bitcoin and altcoins as after this there is likely to be a lot of upside as we are just establishing a support before further upside, although all of this is also likely to be a wick on the downside for the one month if we do go to 28k making longs a great trade to enter at this price and anything below it, seeing immediate profits within the following month.

How long do i reckon we are going to take to get to 37,500? i reckon within this month and February however 28k may take us into the next couple of months, as for the end of the year I see us being above these levels for a bullish 2023.

A cancellation of this trade would be monthly closes below 28k:

Short to 28k
Long to 100k (estimated based on cycle indicators, there's great room for profit, almost 4x and if we wick to 25k then it will be an easy 4x on the most reliable currency.)

Goodluck and remember this is on the monthly chart, do not have fear if we go below 28k on short term graphs!

23 ene 2022

Nota

On Target