Technical analysis by spaceboots about Symbol BTC: Sell recommendation (1/28/2022)
https://sahmeto.com/message/2727527
spaceboots
Rank: 21848
Analytical Power:
1.3
2022 Bitcoin Idea - Interest Rates Are Coming
Sell
Price at Publish Time:
$36,207.11

An idea for Bitcoin in 2022. Looking like a weekly reversal candle right now, could mean a small rally to mid March when the Fed is expected to impose initial interest rate hikes with potentially more throughout each quarter. Possible year downturn before a take off again post-2022. Possible time to accumulate :) Using 2017-2018 downturn as a comparison, could see as low as $20,100's, may tap lower - $18k rage, we shall see!
Source Message: TradingView