Bitcoin Bottom Coming in Around March 2022
Unless Bitcoin claims 40k quite swiftly, BTC will probably go below 30k.
The indicator that has caught the last two bottoms perfectly (Similar to the Pi Cycle Top Indicator, but for catching the bottom) seems to be hinting the price will bottom in March. My anticipated price target is around 25k right now.
IXIC seems like it will correct further and I have a feeling that the 10+ year bull market is finally over. Though not a financial advice I don’t think 2022 will be a good year for financial investing. Rather 2022 will a year where cash is king.
We are already 2 months into the correction of IXIC. The general stock market usually goes through a year of correction. I think IXIC would correct anywhere to 10000–12000. We are already down around 2000, so if we are down another 2000, I think that would be a safe place to start buying stocks.
All of above are just my personal thoughts and not a financial advice.