2022 Bitcoin Outlooks


 2022 4Q Bitcoin Outlooks

Recently, the enthusiasm for investment in virtual currency and cryptocurrency is not cooling down.



BTC Price chart (6 months)

 As of September 27, 22nd, the U.S. interest rate was hit hard in the process of continuous increase, but in the meantime, it can be seen that it is holding out around the $20,000 level.

The rate hike trend of the Federal Reserve (FED), which started in earnest in March.

The rate hike, which started in March, has continued until September, and many people expect it to peak by the fourth quarter of 2022. However, the Bitcoin price trend has shown some support since about the end of June despite the steady increase in interest rates. What's more, the Fed's economic outlook for September was very negative, showing support or modest gains during the week it was released. What does this mean?


“The dominant view is that the Fed will raise interest rates to the 4% range in the future.”
 
“With plenty of room for rate hikes, predictions that Bitcoin will fall to the low-$10,000 level before the end of the year are gaining momentum.”


"As investor sentiment deteriorated, no new investment is coming in. This is why it is difficult to get out of the bear market. Whales are also closing their positions and trying to re-enter below $15,000."


"The re-ignition of the Russian war issue is also cited as one of the reasons for predicting the weakness of cryptocurrencies. By the end of this month, it is expected to see a decline to below the low of $17,000. It is time to check the bottom and consider the re-entry section ."


"If it breaks below the sideways zone, it is more likely to renew a low than $17,000. Most of the buying is around $15,000."


In summary, it seems that it is a wise investment strategy to enter the target from the current $20,000 to a short position to 15,000 (appropriate leverage x2 to x5), and to reset the target to a long position after confirming the market and enter the market.

In addition, the current sideways guarantee is only a holdout for individuals waiting for the big decline to come, and it is too unlikely to expect a meaningful rise.

This is because the cryptocurrency market is one of the places with the largest amount of speculative capital formed through interest rate cuts.

In addition, we recommend that you only focus on cryptocurrencies and cryptocurrencies at around 10% of your investment portfolio. thank you. :)

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