Bitcoin to continue its Megabull towards $333K by February 2022Hey all!
I have been extremely busy at the personal and business level but I found free time to update you all on my thoughts on what happens next for Bitcoin following the approval of the first US Bitcoin ETF! For those who have not subscribe yet to my chain simply hit that Like and Follow buttons to receive the latest notifications/updates.
If you are wondering if you should purchase/buy/long BTCUSD here at $58-55K, I would say YES since it has retested the ATH and I have actually called the pull back from the ATH at $64-66K back to 57-55Ks a while back (my followers had that info a while back).
I believe that you or anyone could still make roughly 400% gains if BTC goes from $62,000 to $333,333 by February 2022 based on my fractal. How could it be possible you ask?
Well thanks to first US ETF being approved for trading, there is a lot of "smart" and "dumb money" flowing into the Crypto Market, more than any other Megabull run market we have seen in the past as the world embraces digital currencies through mass adoption.
Anyways here is what I expect in the incoming weeks:
1. BTC to bottom at 58-55K and run to $85-87K by December 2021
2. By December 2021 BTC will have a sharp sell off for tax harvesting/loss down to retest previous top holding as support at $68-66K~
3. BTC will bottom at $68-66K and will for the first time in history extends its Megabull past December into January-February
4. BTC will put a final Megabull top in February 2022 at $333,333
Looking distantly ahead at the next bear market of 2022-2024, we can expect the final bottom to be at $120,000-100,000 which would be our potential buy/long target then! The worst outcome would be a bottom at $81,000-75,000 but that's unlikely in my opinion.
Best of luck and happy trading!
Carl M.
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The timing accuracy on my earlier BTCUSD Megabull fractal is mind blowing here (click play) and were still on track!