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sacred73yt
16 jan 2023 21:58

$BTC BEAR MARKET/RECESSION OUTLOOK Kort

Bitcoin all time history indexINDEX

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My realistic estimate would be that BTC continues to rally at least to 25K, possibly even $28-30k as this is likely going to be a strong resistance level, then, if/when Q1-Q2 earnings are awful, it dumps back down IMO to 13.8k. I think the bottom could be as low as ~10.8k or as high as ~15k (approx. previous low, double bottom), however, I feel that 13.8k is the most likely between these 3 targets. I would reconsider bearish position if we break above the 28k-30k level and hold it at support for a monthly close.
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SwallowPremium
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Mer