Bitcoin will rally as the 2022 Christmas Rally Takes Starts
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Get ready. Bitcoin will follow Tech/NQ as the Reversion Rally takes place over the next 4+ months (probably lasting well into Q1:2023).
I expect Bitcoin to rally to above 29K - possibly reaching as high as 35k.
My research suggests the US/Foreign markets are about to enter a Reversion Phase (rally trend) after nearly 12+ months of global/US selling pressure. Bitcoin should follow the Tech/NQ Sector higher over the next few months.
We should be looking for confirmation of this bottom/base over the next 4+ weeks. We need to see recent lows hold up and a moderate rally take place before November 12th.
This could be a decent rally for the US/NQ/Foreign markets if the US Dollar slides sideways/downward.