alwin17

alwin17

Bitcoin in a free fall due to the unfolding catastrophic economic collapse in western countries. Expect bottom for Bitcoin in October- November 2022 at the level between $600-1600

alwin17

Bitcoin is in free fall. There is a chance that we might see Bitcoin BELOW $1000 UK N AUGUST- OCTOBER THIS YEAR. This is an extreme target of course but in case of unfolding that would be signifying the extreme dark scenario for western economy.

alwin17

Bitcoin is in London ng term bear trend. Expect bottoming in November - December 2022 In case of extreme negative world economic conditions we might see low at $6670

alwin17

This chart makes visible downtrend on Bitcoin, which could be extended due to the bear mood in mostly all markets except commodities. Due to the current economic conditions we might see Bitcoin price move further downward to $12 000 or slightly below that in August- September 2022

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Gold is ready for explosive move. The yellow trend line is a copy of trend line from 1966 till 1980 top in gold price.If the gold prixlce willl follow with the trend thebln we might see tremendous rise up and in Gold price. $40000 or even $100000/oz

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On monthly chart it is clear that DJ index is in uptrend and should mark up the new high in May or June this year and after that we might expect fast and furious collapse toward $0k or lower in October-November 2022.

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Dow index is posed to final 3 months rally toward $44 0000 and then will crash 75-80% toward $10 000 within 3 -4 months

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There is a bullish scenario for Bitcoin. $29k bottom end of March and push toward $230k.

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This chart shows us visible chance of extreme case scenario for Bitcoin. We might see BTC at $12 000 all n case of severe economic and political crisis unleashed

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If this is downtrend will last for 6 months for Bitcoin then we should expect that Bitcoin will reach $20k on March 17-24 this year.

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Bitcoin clearly is heading more down. Expect $22k in March or April this year and $20k in July. After forming a double down formation we should expect steady uptrend toward first target $54k in November this year.

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Bitcoin is in clear bear trend along with development of economic crisis worldwide. Expect $25k or lower in few weeks.Recovery is possible in second half this year or next year.

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According to current setup on weekly Bitcoin will become in bear trend for several months along with global economic crisis, which is on very early stage now. We should expect further development in down trend toward $26k and probably even to $22k area.

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According to current uptrend which Bitcoin is forming $90 000 will be reached in June this year

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This year 2022 and probably next 2023 Bitcoin will be traded between $45k and $65k forming a classic patern of 4th wave. Then along with collapse of current financial system based on USD dominance, in 2024 will begin a bull run which will last few years. During that period bitcoin will reach $1 million along with Gold which will be set up at $50k per oz

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If the cycle length is extended then we might see new top at the end of ned year for BTC. So that $160k will be reached in October 2023 only.

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According to the chart structure and tge formed uptrend line of BTC we should expect $87-89k by end of this year or first week of 2022.

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According to projection of PRICE LENSE (blue curve) and UP TRENDS ADVANCES (red lines) we could foresee that Bitcoin will reach $167k end of summer next year, $500k -in 2025 and $1 million -in 2029/30.