My outlook for the Bitcoin price for the next 2+ years in detail:
- End of 2022 - Q1 2023: I think this will be the time where we see Bitcoin make a last low around $10,000 - $14,000. ((Accumulation))
- Mid 2023: I think we will see some volatility (50-80%) with possible prices of $25,000 - $28,000. Bear Market rally as 2019, nothing sustainable. ((Taking some of the table))
- Summer 2023: Due to the announcement of a recession I guess we will revisit our previous low, or even make a new low ($10,000 - $14,000). This will be our last flush before the next Bitcoin halving and the bull market. ((Accumulate again))
- Q4 2023 - Q1 2024: This will be our grind to the 2023 high (around $25,000 - $28,000 as previously mentioned) ((Enjoy your filled bags))
- Q2 2024 - Q4 2024: Full on Bull Market where we will see a 6 figure Bitcoin and prices as high as $140,000 - $160,000. (A 10x move from the lows) ((Start taking profits))