BTC will bottom in 2022
First of all this period is about to liquidate all the high leverage retail investors from the market.
The average institutional buying price of bitcoin is in 30k area so don't expect to stay long below these levels, rather expect a final capitulation, where whales can accumulate more.
In2022 Bitcoin should bottom its price and have another leg up, but derivatives should be traded safely in this period to avoid any liquidation spike capitaluation.
Stay bullish in the long term and expect the worst in the short term.
The average institutional buying price of bitcoin is in 30k area so don't expect to stay long below these levels, rather expect a final capitulation, where whales can accumulate more.
In2022 Bitcoin should bottom its price and have another leg up, but derivatives should be traded safely in this period to avoid any liquidation spike capitaluation.
Stay bullish in the long term and expect the worst in the short term.
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