Using Fibonacci channels and the next major upgrades that are already scheduled.
Also using the fact that the bitcoin cycle will probably only end in early 2022.
There is a high chance that BTC and all other cryptocurrencies will explode upwards.
In this chart analysis above, I show a rise of up to 450%. In my opinion this would be the best possible senarios.
Looking at these events and trying to be pessimistic, BTC could still increase 80% to 100% by the end of the year.
Note: So far we don't have a confirmed date for the ETH 2.0 upgrade. The only information passed on was that it should be implemented in the first quarter of 2022
Also using the fact that the bitcoin cycle will probably only end in early 2022.
There is a high chance that BTC and all other cryptocurrencies will explode upwards.
In this chart analysis above, I show a rise of up to 450%. In my opinion this would be the best possible senarios.
Looking at these events and trying to be pessimistic, BTC could still increase 80% to 100% by the end of the year.
Note: So far we don't have a confirmed date for the ETH 2.0 upgrade. The only information passed on was that it should be implemented in the first quarter of 2022
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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.
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.