So there is actually also a third scenarion going on - In case we would get this ranging scenario towards 2022, we must take in account that we had a deviation above range extreme during end of 2021. That means we could see a deviation below the range extreme on a downside, too. This is nothing confirmed and very far from likeliest outcome to see, but it is a...
My previous analysis was bullish update, where I posted my view that is most likely about to play out. BUT there is one CRUCIAL part and that is January close. If we cant make january close above 43,8k, 2022 will be mostly very boring year - that could be quite good for swing traders, but not so much for hodlers and moonboys, cos we will be ranging between 35k...
Coming into 2022, the sentiment is extremely bearish and of course - it can stay like that for a very long time. The problem is, context doesn't show BTC should be slowing down, so it seems probable BTC reaches extremes of its trend right now. I am also posting bearish scenario separately, but I do think this one is the likeliest outcome of all. What is crucial...