Bitcoin / TetherUSShort
2022 Bitcoin Idea - Interest Rates Are Coming
An idea for Bitcoin in 2022. Looking like a weekly reversal candle right now, could mean a small rally to mid March when the Fed is expected to impose initial interest rate hikes with potentially more throughout each quarter. Possible year downturn before a take off again post-2022. Possible time to accumulate :)
Using 2017-2018 downturn as a comparison, could see as low as $20,100's, may tap lower - 18k rage, we shall see!
Using 2017-2018 downturn as a comparison, could see as low as $20,100's, may tap lower - 18k rage, we shall see!
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.