Bitcoin analyst gives 4 reasons why BTC price will hit $22,000 next

Philip Swift, a Bitcoin (BTC) analyst and the creator of, laid out four reasons why BTC is headed to $22,000. Both fundamental and technical factors indicate the top cryptocurrency’s momentum is strengthening.

The one-year HODL percentage, the decline of Bitcoin exchange reserves, neutral funding rates, and institutional accumulation point toward a prolonged BTC rally. Swift wrote:

“1yr HODL % still really high? Yep. Bitcoin being rushed off exchanges? Yep. Funding…

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