Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
strawbs
on 12/03/2020, 11:34:08 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


Please show us how and when TA predicted an alleged worldwide health pandemic which caused the markets to crash?