Keep it simple. CME GAPS may be filled. I just would not be surprised, given the gaps around 24k.
There is an interesting wick (drawing). The wick showed an intense demand in the area (38k), before the run up. A possible support area. Wicks are the foot print in the sand. Follow them!!?
BTC is sitting on 61 percent fib. I think that means something.
I am no expert. My very own opinion. Is anyone looking at the standard deviation? I think a good time to buy would be when we hit near zero deviation. Low risk. I don’t know....just an idea. Thanks guys
I am no expert. I do this ONLY for fun. Accept this with a “grain of salt A long wick tested the price area of $6500. From what I understand, someone with “huge pockets” can only move a market in this fashion. Whoever it may be, is testing the demand level of $6500. When will it happen? I don’t know. Just a theory for now. Also, if you are familiar...
Ok folks, here’s is my theory....BTC will go up...once this triangular pattern is finish
I am no TA veteran. I like to search for patterns. This one seemed interesting. A lot of price action in this triangle. Check it out
I believe bitcoin will retest $10,500 again before the rocket.