BTC Mid-Term 22' Forecast (Fibonacci Analysis)

Bitcoin / U.S. Dollar GEMINI:BTCUSD

brandonmattis

Base Case:

BTC will consolidate for the duration of Q2 as the FED are set to rate hikes in June, July & possibly in August/September this year. BTC will look to break out of consolidation in early September (09/12) and mid-October (10/15) towards the $57,000 handle by Q3-Q4 22′.

Idea (Long):

Entry: $27,000.00
Price Target: $57,000.00
Date Target: Q3 22′

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