Post
Topic
Board Speculation
Merits 1 from 1 user
Re: What do you expect from bitcoin in the second half of 2022?
by
Ratimov
on 08/07/2022, 23:49:01 UTC
⭐ Merited by Taskford (1)
While I cannot complain, since the price is not like in (my) worse scenario (under 10k), it still can go lower in the next few months. So being wary is important.
I've read today something that I don't know how accurate it is, but it's certainly a possible scenario:

This is what I think how price might move in upcoming months:
17.5k -> 28k -> 15k -> 19k -> 12.5k
12.5k > 22k -> 28k -> 45k

ATH to be near $180k once we start the bull run after Bitcoin Halving in April/May 2024.

A fairly realistic scenario, given that the global trend line is now running just around $28,000-$30,000. If there is a further increase, it is obvious that the price will rush to test this very resistance. But the second line is not entirely clear. Why 45 when the last resistance was exactly at 48,000. And between 28k and 45k there is a very big gap, there is still a strong resistance at around 35k.

If you look at the map of whales, then just in the region of 35k there are large inflows: