BITCOIN 1D - Prediction of price movement trend
Bitcoin still has the potential to grow up to $ 100,000, but given the critical resistance period around January to February 2022, the closer it is to this limit and the closer it is to $ 88,000 to $ 98,000, the more likely it is to form a ceiling and enter a one-year correction will be more likely.
It seems that after the formation of the ceiling in the declared range, there is the potential to reduce the price within a year and by the end of 2022 to about 10 to 15 thousand dollars. Although there is significant support for $ 30,000, it is currently more potential to see a lower range under the current circumstances.
Millions of traders are waiting to see the $ 100,000 bitcoin, which is likely to save in this range, so it is very likely that this number will not be seen in the next 2-3 years.
This analysis is also a scenario of different scenarios that is closer to the author's opinion and is not a criterion for your decision.
It seems that after the formation of the ceiling in the declared range, there is the potential to reduce the price within a year and by the end of 2022 to about 10 to 15 thousand dollars. Although there is significant support for $ 30,000, it is currently more potential to see a lower range under the current circumstances.
Millions of traders are waiting to see the $ 100,000 bitcoin, which is likely to save in this range, so it is very likely that this number will not be seen in the next 2-3 years.
This analysis is also a scenario of different scenarios that is closer to the author's opinion and is not a criterion for your decision.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.