So It's 2022 now and despite all the expectations for BTC to hit 100k failed, I believe if Bitcoin manages to stay above 30k which I think it will, then we could expect it to hit new ALT this year. Remember that the fundamentals for bitcoin are very good and with all these economical problems, bitcoin or cryptocurrency in general, can be a safe haven to people all around the world.
In the technical side I drew my lines and they formed a wedge, so BTC is in a wedge shaped channel since 2011, and I should point out that the inside trend lines are a big help too. Also as I mentioned in the chart, the gaps between tops and lows are very useful and mean strength if they don't get filled. Let's see what happens together. Cheers.
In the technical side I drew my lines and they formed a wedge, so BTC is in a wedge shaped channel since 2011, and I should point out that the inside trend lines are a big help too. Also as I mentioned in the chart, the gaps between tops and lows are very useful and mean strength if they don't get filled. Let's see what happens together. Cheers.
