Bitcoin 2022 BULLISH SCENARIO | Complete analysis
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 for bullish plan to be triggered - is January close above 43,8k. WIthout that, I will switch towards bearish scenario (which is mostly ranging during next 12 months).
IF we handle to close Jan. above 43k, there will be a very quick expansion with an ultimate target of 58-61k - that is utested resistance and will be sooner or later filled anyways. Afterwards, I do not think the expansion could go any further than that in a straight line. So for traders, short 60k is a must - and for holders it will be important ho hedge.
BTC should range for several months afterwars - a lot of people will call for bear market again and we could even reach towards 43,8k again (yeah, very important level). This will be very hard period to handle - but not with shorts from 60k ofc . Just don't get trapped in a range. Stay with the plan.
Because after this range gets finished, there should be another expansion towards bullish targets - technically we should reach 75-85k. I can imagine in extreme even reaching 100k mark.
I do think this will be the cycle top and we should look for our hedge short positions accordingly around these levels - after a structure breakout to the downside.
Stay safe, take care!
What is crucial for bullish plan to be triggered - is January close above 43,8k. WIthout that, I will switch towards bearish scenario (which is mostly ranging during next 12 months).
IF we handle to close Jan. above 43k, there will be a very quick expansion with an ultimate target of 58-61k - that is utested resistance and will be sooner or later filled anyways. Afterwards, I do not think the expansion could go any further than that in a straight line. So for traders, short 60k is a must - and for holders it will be important ho hedge.
BTC should range for several months afterwars - a lot of people will call for bear market again and we could even reach towards 43,8k again (yeah, very important level). This will be very hard period to handle - but not with shorts from 60k ofc . Just don't get trapped in a range. Stay with the plan.
Because after this range gets finished, there should be another expansion towards bullish targets - technically we should reach 75-85k. I can imagine in extreme even reaching 100k mark.
I do think this will be the cycle top and we should look for our hedge short positions accordingly around these levels - after a structure breakout to the downside.
Stay safe, take care!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.