This TA also says it is possible to go back to $6k which is also the case with Master Luc's ongoing TA.
https://www.tradingview.com/chart/BTCUSD/JSP3KDmy-New-long-term-prediction-as-I-see-it-now/You should also change your title. We are not going to $22k. We are going to the moon. ($80-100k) You don't think when we get to that point we'll be staying at the bottom of the chart do you? There will be so much hype by the time we pass the last ATH and then moonshots!
I am not actually making any baseless assumptions like 80-100K I think we are at 8k currently and 22k looks like a realistic assumption and this is the reason why I kept my analysis only upto that. Moreover this TA I think is a bit biased towards bullishness. This old school upward trend is not at all realistic in high leverage market today which even allows you to short the market. Yet I think we can go somewhere around $25k.
I've been looking at the same thing with halvings, and yes, but i think that next 20k will be just a confirmation that we will hit insane bull run after that.
But it has been
so obvious TA that it makes me rethink that i must be wrong with this one.
My mind keeps telling be that this can't be so easy, that bitcoin always screws me somehow.
But then again when it was only $300, in a million years i wouldn't have thought that we would go near even to 10k, that it would be too easy.
Now it makes me think that every chart i draw is too conservative when it says the next ath is under 500k.
So, 20k? sure, it will be a start.
Haha It screws everyone I think it's not bitcoin that screws everyone instead it is the Whale manipulation that screws us all. But To be very frank I think half a million is too high value for a mere digital currency no matter what it can be used for. If it does reaches 500k then era of fiat is definitely ending.