BTCUSD Longterm Analysis 2022 par ForexChase

Bitcoin break 40K support

We should see a fight bitween seller and buyers on the next 30-32K support.
Analyzing the cycles, bitcoin is expected to bottom out between May and September.

The 20K will be difficult to reach with the monthly trend line (support since 2013), and the 30K support that will meet.

But beware, anything is possible on bitcoin

Fundamental analysis : bitcoin and the cryptocurrency market is becoming more and more accepted, by everyone and everywhere.
Companies, states and people in general are beginning to understand this market and these assets.
Blockchain is developing and expanding. More and more metaverses, games and nft are appearing and adding usefulness to cryptocurrencies.
Bitcoin break 40K support

We should see a fight bitween seller and buyers on the next 30-32K support.

Analyzing the cycles,
bitcoin is expected to bottom out between May and September.

The 20K will be difficult to reach with the monthly
trend line (support since 2013), and the 30K support that will meet.

But beware, anything is possible on
bitcoin

Fundamental analysis :
bitcoin and the cryptocurrency market is becoming more and more accepted, by everyone and everywhere.

Companies, states and people in general are beginning to understand this market and these assets.

Blockchain is developing and expanding. More and more metaverses, games and nft are appearing and adding usefulness to cryptocurrencies.

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Lexie Ayers
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