After US markets opened, BTC returned below $68,000 and volatility is high. Although Bitcoin’s movement was positive after months of boring movements, the direction of this movement was downwards, thus creating the potential for the losing streak to continue for a longer period of time. Fortunately, the statements regarding the Iran negotiations are better than expected.
2022 and 2026 Cryptocurrencies
Volatility is much higher, which is something we have seen in all other markets lately. Gold, silverdollar, cryptocurrencies everything fluctuates. Material Indicators describe the recent BTC surge as “breakouts and tremors”. Material Indicators co-founder Keith Alan wrote on his X account:
“As the weekly RSI moves towards lows in oversold territory, which has historically been seen once a cycle BTC It is possible to find more similarities with 2022 in the graph.
Although it reached the bottom in 2015 and 2018, there was a 5-month consolidation period before reaching the macro bottom in 2022. “This doesn’t mean it will play out the same way this time, but it’s worth watching closely to identify similarities and deviations in the pattern to help with predictions.”
If we are going to see similar things in 2022, we should probably expect significant increases in Bitcoin in the first half of the year.
2026 Cryptocurrency Predictions
The developments that will take place this week are very important to have an idea about the rest of the year. If on Friday as predicted Supreme Court tariff decision If it comes, we will see that the uncertainty that has been going on for months has decreased somewhat. With Warsh taking the helm of the Fed in May, macro uncertainty for this year will need to decrease further, and in summary, there is a lot to worry investors about in the first half of the year.
Iran tension, tariffs, at the fed Presidential change and many more. The year 2022 represents the days when the Fed increases interest rates while cryptocurrencies are drowning in their own problems. While it is hoped that the Fed will continue to ease today, geopolitical risks and the potential for debates about tariffs to flare up again are putting pressure on cryptocurrencies. As a bonus, what many analysts care deeply about is that quantum risks for Bitcoin increase as AI development accelerates.
In summary, at least in the first half of the year, the conditions are suitable for the markets to stall with major consolidation rather than setting a clear direction and rushing towards it. There may be deeper bottoms and then intermediate rises, but there is no choice but to wait for the fog on the road to clear.
