In this days(about up to 2.23) only fundamental news have the ability to take the prices away from the range of 9400$-11000 .But why? First of all when we looking at the Buy and Sell zones(light green and light red zones), we conclude that Bitcoin would remain between 9400 and 11000 for some days, because volumes are not high enough and fear and greed index is around 50. With ordinary volumes, this is very low probable that the prices move down against a Trend line, a Paralel channel,Buy zone and a support line simultaneously, because these four are compact up to 2.23. Since BTC price has not the habit of remaining in constant prices!!, so prices would rise first and then will fluctuate between mentioned prices for some days, regardless of transient exceptions that will done by whales. I will edit this idea by probable moving up of prices to higher than 11000$ and why I don't believe for that.
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Please comment here if there is a mistake on my idea.
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The prices completely exited down of the paralel channel and could break the trend line.Also it is on the bottom of buy zone( Supports broke maximum one day earlier than my prediction). so remains only one support for the prices and it is easier than previous days to prices fall down.So today or tomorrow we can take Short positions!
The prices completely exited down of the paralel channel and could break the trend line.Also it is on the bottom of buy zone. so remains only one support for the prices and it is easier than previous days to prices fall down.So today or tomorrow we can take Short positions!