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Saturday, October 22, 2022

BTC analysis

BTC analysis

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

The above image may be the most similar image to the Bitcoin chart in the next one or two years

At the moment, if the floor of the channel is missed, $17,000

We can see another drop of $1500-2500 to the 15-14k channel range.

Again, we may have weak upward swings up to 17-18-19k
And again an attack to touch 12-11k

This whole process can happen in the next 6 months to a year

For the next upward trend of Bitcoin , which can be in 2024-2025, towards the targets of 80-90-100k


Via TradingView Ideas

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