Bitcoin Price prediction
Here are 3 scenarios I see potentially playing out. The first one (orange line) Would find support around $42,000 before continuing higher. The second one (yellow Line) would see a continued downtrend to find support around 30k before continuing higher. the third one (Pink line) would rally back towards highs around 66k followed by a deeper pullback before breaking new highs and continuing. I don't have a scenario 4 representing a much deeper decline bc I truly don't think we will see a deeper pullback at this time. I don't have an exact time projection but believe BTC will achieve 100k + by December of 2022 with a high of 700k+ sometime in 2026. Followed by a deep decline of around 80% to 90%. These figures might sound extreme but remember BTCs history has already shown to have these extreme moves. Any thoughts? leave a comment.
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