Bitcoin's 2022 Rally: Accumulation, Price Surge, and Targets.
TL;DR
A trader with a large following on Twitter believes that Bitcoin's current market structure looks similar to its price action in the second half of 2020 before it broke the $20,000 level. The trader says that BTC bulls have the upper hand as long as Bitcoin trades above support at $27,000. Although the trader is bullish on BTC, he advises traders to be patient and wait for more signals. BTC continues to trade within a narrow range between $27,000 and $28,868, and a break of either the low or the high of the range could determine BTC's next move.
- Top Trader Says Bitcoin (BTC) Flashing 2020-Style Accumulation Prior to Breaking Out to New All-Time Highs The Daily Hodl
- Bitcoin and Ethereum Prices Are Heading to these Levels Next Week! Here’s What Traders can Expect Coinpedia Fintech News
- LBank Breaks Down Bitcoin’s Double-Digit Price Surge CryptoSlate
- Trader Who Nailed 2022 Bitcoin Bottom Says BTC Disbelief Rally Is Underway – Here Are His Targets The Daily Hodl
- The Bitcoin Rally Continues: Why $34K is the Next Target For BTC Price Coinpedia Fintech News
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