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

2 Jan 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.