A Bullish Bitcoin On First Quarter Of 2022?

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The current candlestick on the monthly chart of the bitcoin market shows that the market was majorly bearish for the month of December but currently when we look at the weekly chart we can see that the bitcoin market is about to experience the continuation of the previous bullish market which occured two months ago..

The RSI indicator confirms that there is a new bullish trend on the bitcoin market and the bitcoin price should be able to break above $55000 before the end of year for the bullish signal to remain valid..

If the bitcoin price is able to close above the $55000 price zone then its next target would be around $69000 which is the next major resistance..

So we should expect a bullish bitcoin market in the first quarter of 2022 and many other cryptos will follow the same direction., from all indications the 2022 would be a very wonderful year for the world of cryptos most especially the HIVE market..

Posted using LeoFinance Mobile

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People often readjust their portfolio at the end of the year as they decided when to take capital gains and losses. I would expect the next two weeks to be a turbulent time for crypto.

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