BTCUSD By FieryTrading – Technical Analysis – 2022-12-15 05:33:53

Over the past year, there has been a lot of analysis as to whether we have bottomed out or if there is still more downside to go. In this analysis I want to look at the following BTC Bull ran And what we can expect from it, assuming $15,500 was the lowest.

As the chart shows, there are great odds we’ll see rising That move happens in the next two years or so. It is still too early to talk about a possible peak in 2024, but I bet it will be more than $100,000.

Unfortunately, we are in for an extended period of mostly lower volatility sideways. Your best bet is that this bear market will happen in 2023, maybe even in the first quarter of 2024. On the one hand, this bear market is a great period for the accumulation of the token that you believe will have the highest odds for the next. Bull ran . whether it is BTC ETH or your preferred alternative, invest and hold until the end of 2024.

So what can we expect?
– Boring market in 2023, a good accumulation stage
Good market in 2024, starting with the halving in April.
– Don’t sell your tokens too early.

Leave a Reply

Your email address will not be published. Required fields are marked *