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Bitcoin Price Forecast Q2 2022

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by , 04-09-2022 at 10:05 PM (488 Views)
      
   
Q1 hasn’t been easy for investors. And as we look ahead to what is in store for crypto markets in Q2, we can still believe that “macro matters” in the sense that tighter financial conditions and slowing economic growth are serious headwinds. The de-leveraging and liquidity draining impact of the Fed’s policy shift will likely cap any serious rise in crypto prices, but in the face of that, there are a few fundamental and regulatory points for long term investors to be excited about.

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Anyway, the weekly price for BTC/USD is located inside Ichimoku cloud for breaking bullish triangle pattern together with 48.230 resistance level to above for the weekly primary bullish reversal with the possible target to be near and below 68,965 resistance level.

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