BitcoinLong
Bitcoin will rally as the 2022 Christmas Rally Takes Starts
Get ready. Bitcoin will follow Tech/NQ as the Reversion Rally takes place over the next 4+ months (probably lasting well into Q1:2023).
I expect Bitcoin to rally to above
29K - possibly reaching as high as 35k.
My research suggests the US/Foreign markets are about to enter a Reversion Phase (rally trend) after nearly 12+ months of global/US selling pressure. Bitcoin should follow the Tech/NQ Sector higher over the next few months.
We should be looking for confirmation of this bottom/base over the next 4+ weeks. We need to see recent lows hold up and a moderate rally take place before November 12th.
This could be a decent rally for the US/NQ/Foreign markets if the US Dollar slides sideways/downward.
Follow my research
I expect Bitcoin to rally to above
29K - possibly reaching as high as 35k.My research suggests the US/Foreign markets are about to enter a Reversion Phase (rally trend) after nearly 12+ months of global/US selling pressure. Bitcoin should follow the Tech/NQ Sector higher over the next few months.
We should be looking for confirmation of this bottom/base over the next 4+ weeks. We need to see recent lows hold up and a moderate rally take place before November 12th.
This could be a decent rally for the US/NQ/Foreign markets if the US Dollar slides sideways/downward.
Follow my research
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-- Special TradingView Tools
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-- More..
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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.