In this chart we have my forecasts and expectations for bitcoin before Halving.
I believe we won't have any big significant moves before the same thing happens.
Historically speaking, we should have a dormant market until 2023 and 2024 a small improvement and start to rise with the help of the halving and I believe that 2024/2025 is already a moment of euphoria and time to take profits.
I will not make any sales of my coins be it altcoins or Bitcoin before this deadline.
I believe that the 12k/13k barrier is quite important and crucial as it is a metric that has never been broken before if it gets there, which is to stay below the previous top.
But as we are at different times and with a huge recession in the economy and with large increases in interest rates, I think that this scenario cannot be ruled out.
Just like in 2018 everyone believed that the bottom was at 6k, Bitcoin went there and surprised everyone once again and melted +50% going to 3k making the last clean of who was in the market, terrifying everyone in general.
I think the same is happening now at the 20k level creating a certain stability and I want the 20k to be the bottom.
I also think that the Golden Cross can be a very important moment to see the price of Bitcoin go up in case I think the same will only happen if the price keeps moving sideways towards the end of 2023.
Breaking the 28k/30k barrier we will have a price that is already quite consolidated and possibly the beginning of a new rally.
It is worth mentioning that we may have fleeting moments where the price almost touches this resistance and is rejected or even passes and re-enters the lateralization.
Lastly making a crazy projection and in a more personal way for me to see this analysis in the future would be to see +100k Bitcoin in 2024.
Attention, all this information is based on my guess and with the knowledge I've acquired since 2017 (ie, no shit) xD.
I believe we won't have any big significant moves before the same thing happens.
Historically speaking, we should have a dormant market until 2023 and 2024 a small improvement and start to rise with the help of the halving and I believe that 2024/2025 is already a moment of euphoria and time to take profits.
I will not make any sales of my coins be it altcoins or Bitcoin before this deadline.
I believe that the 12k/13k barrier is quite important and crucial as it is a metric that has never been broken before if it gets there, which is to stay below the previous top.
But as we are at different times and with a huge recession in the economy and with large increases in interest rates, I think that this scenario cannot be ruled out.
Just like in 2018 everyone believed that the bottom was at 6k, Bitcoin went there and surprised everyone once again and melted +50% going to 3k making the last clean of who was in the market, terrifying everyone in general.
I think the same is happening now at the 20k level creating a certain stability and I want the 20k to be the bottom.
I also think that the Golden Cross can be a very important moment to see the price of Bitcoin go up in case I think the same will only happen if the price keeps moving sideways towards the end of 2023.
Breaking the 28k/30k barrier we will have a price that is already quite consolidated and possibly the beginning of a new rally.
It is worth mentioning that we may have fleeting moments where the price almost touches this resistance and is rejected or even passes and re-enters the lateralization.
Lastly making a crazy projection and in a more personal way for me to see this analysis in the future would be to see +100k Bitcoin in 2024.
Attention, all this information is based on my guess and with the knowledge I've acquired since 2017 (ie, no shit) xD.