BTC Weekly Analysis + Forecast 12.12.2021

This week $BTC hit the target area that we forecasted exactly a month ago and it is now time to discuss the developments and forecast the next move. The weekly closure – I like the messages that candles send in the last hours before the closure, especially the weekly ones – will help us as today’s closure was no different.

InvestingAngles:
– forecasted the precise target $29000 for the drop as early as on March 24;
– called the bottom the day it happened and forecasted 10 consecutive green days in July;
– identified the major top within hours on November 10;
and the drop forecasted on November 12 will definitely go to our track record https://investingangles.com/track-record/.

Nevertheless, let’s discuss the perspectives of the next move using our standard methods – Japanese Candlesticks, TA and #ElliottWaves.

This daily overview contains:
– daily and weekly candle charts – analysis of candles and technical events;
– weekly EW chart and a long term forecast;
– short term EW chart and targets.

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REFERENCES:

Previous Analysis:
https://investingangles.com/2021/12/11/btc-daily-analysis-11-12-2021-btc-bitcoin-crypto-cryptocurrency-investing-trading/

$SPX & $DJIA Forecast:
https://investingangles.com/2021/12/11/spx-dowjones-weekly-analysis-11-12-2021-spy-investing-sp500-dia-trading-es_f-ndx/

Long Term Forecast for #SOLANA:
https://investingangles.com/2021/12/09/solana-long-term-forecast-09-12-2021-solana-crypto-cryptocurrency/

CRYPTO Pulsecheck:
https://investingangles.com/2021/12/05/crypto-weekly-pulsecheck-strong-bearish-05-12-2021-xrp-theta-ltc-eth-uni-dot-matic-cryptocurrency-btc-btc-hodl/
https://investingangles.com/2021/12/09/crypto-daily-pulsecheck-warning-09-12-2021-xrp-theta-ltc-eth-solana-dot-matic-cryptocurrency-btc-btc-hodl/

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Subscription:
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Track Record:
https://investingangles.com/track-record/