- You see this ascending for the first time! The channel is projected from the start of the bull market in 2018 to the end of the bull market in 2021.
- The road to 1 million will be full of traps, liquidations, scams, and frauds. But if you are ready for a roller coaster, you can hold your bitcoins in cold wallets such as Trezor, where they will be frozen to death.
- This is a projection because, of course, no one can predict the halving dates. I want to show you how Bitcoin can behave on the road to 1 million USD.
- This should be sustainable over time; there is not too much pressure, and we can reach 1 million in 2037. But for now, we are in 2022, and the current price is 16,500 USD.
- As you can clearly see, Bitcoin could reach 6,500 USD next year to touch the bottom of the . I don’t see any problem with that.
- Who will get rekt after FTX? Let me know in the comment section right now!
- Bitcoin is extremely volatile and dangerous asset, they said. If you bought the peak, then yes, it’s dangerous.
- Thanks for your attention!
Professional trader and analyst. My specialization is in Elliott Wave Theory, Fibonacci tools, chart patterns, candlesticks, and price action. To analyze market structure, I use market profile and volume profile in my trading system. To analyze trends, I use trendlines, VWAP, and simple moving averages.