Seeking Alpha
2022-02-16 19:58:50

Crypto Chartbook - Bitcoin From Sideways To Up

Market prices typically trade in the fashion from up to sideways to down to sideways to up. Thereby, sideways ranges need to be accounted for from a timing perspective.After many years of an uptrend, we expect 2022 to be an uncertain and choppy sideways year for equities.Gold and other wealth preserving equities typically flourish in such uncertain times and often start new uptrends.Hence, Bitcoin likely will end its sideways trading range and start a new trend from here for higher prices.

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