Post
Topic
Board Trading Discussion
Re: Bitcoin Prediction 4 Hour Chart "Bullish Flag"
by
gantez
on 02/05/2020, 15:40:48 UTC
Nice chart. The great spot on the Bullish Flag.
This price right now seems due for a correction. There will be inefficient miners dropping offline. I can imagine they are ready to cash out.
You can see that price is flattening at the moment and volume is extremely low. I think there's a big move coming soon Source: https://youtu.be/VV3JFhmy7U4

I see that the speculation for correction keep coming. Maybe the volume drop can just be a signal but I don't expect a major drop from the correction. Price will come back bull even where the drop take place. I'm hodling for the time now.