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DeFiGuy_Yoo
Mar 3, 2022 3:40 PM

BTC in Danger!!!!!!!! 

Bitcoin / TetherUSBinance

Description

Sorry guys if didn't upload properly, new to publishing. If you are somewhat experienced trader, you know how Bollinger bands works. I'd like to address that I believe BTC is due to still hit the 28-30k. Nothing is set in stone, however, BTC's price action seems to use either the 365 day moving average or bottom 2 standard deviations of it and did, in fact, every time in previous years and as far back as 2013(could be more but the indicator was unavailable) and only didn't once when there was a huge rally once. BTC still has a good year+ to reach this cycle's peak so would not be surprised for a HUGE pullback in the next few days for the next few months. I see 30k choppy range trading as not being out of the picture. THIS IS NOT EVER FINANCIAL ADVICE.
Comments
Fabreezio
Road to 20K here we go
DeFiGuy_Yoo
@Fabreezio, I can definitely see it. Everyone ASSUMES 30k is bottom because Elon but I could see it being a consolidation tactic to show he has no fear in dips. I'm not sure tbh on that though, I do not have a that precise of a prediction when VPVR is not supporting the trend structure.
BTCmonkey
@Fabreezio i say 28k and up
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