BTCUSD forecast in 2022 and 2023: long term target at 125,000

2 בינו׳ 2022

Using Gann Box, my analysis shows that BTCUSD is likely to be in the correction phase until first week of Feb 2022 to reach the support zone from 40-41.6k, then after it will increase to reach 80K in May 2022. After May 2022, it will be in the correction phase again and retest 64-65K support zone before it increases significantly by mid 2023 at the possible level of 125K.