Bitcoin BLX BTC - 550 000 USD target in 2022

We are currently in a bull market according to weekly and monthly chart. The price is above 20 & 200 weekly moving averages, above the trend line, above 10500 major horizontal support (head and shoulders neckline), above 10 000 USD psychological support.

If bitcoin crash below 10 500 USD - i expect a quick long squeeze to 6500 USD - previous major support and 200 weekly moving average.

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