Atypical

BTCUSD price action going into halving

Atypical 업데이트됨   
BITSTAMP:BTCUSD   비트코인
Long - touched previous support to the tee. SL below 200DMA.
코멘트:
Got a few DM on the projected price esp. after the predicted top.

On predicted top, few factors lead me to believe why we touch and top out somewhere in the $15.5 - $17.2 range: 1. price action will be derivatives led 2. big miners would want to be hedged at those prices to really attempt to wipe small ones 3. retail euphoria would start to trickle in with the hopes of a continued run

On predicted drop, believe we drop to reset the marekt and projection is retest of 200 WMA, which here is forecasted. 200 Week price (~3.8 years) will start rising faster now, given we will take into account prices 2016 and after for the first time. Retest somewhere in the 5500 - 7500 range.

Of course, all this is projected and takes R:R into account. Best done on spot.

P.S. - Not a recommendation to buy or sell. Educational purposes only.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.