Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Bossian
on 12/03/2020, 11:28:30 UTC
Is it now officially open to say........... All TA is flawed most of the times?  Roll Eyes

And always has been

4700 incoming

Based on TA I guess.... Roll Eyes Roll Eyes


So much arrogance in this thread, as usual.

The thing is, right now things are not clear, the action is too quick, there was a clear battle around the 6.4k support, technically it went below 6.4k but the down move didn't consolidate (yet).

TA is crystal clear my friends:
-major resistance at 10.5k
-major support at 6.4k

Now if tomorrow Bitcoin is under 6.4k this means the trend has been consolidated and bitcoin is done for the year. By that I mean 4k before the end of the year.

You can laugh, couldn't care less, been used to it now in this place. But I am confident Bitcoin price will go under 5k like I've been saying here for months, and this is based on TA only.

Best of luck anyway  Cool