Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Dorodha
on 17/07/2020, 16:44:02 UTC
It won't take that long anymore before the grind up starts, 1 a 2 months.

Here's my reasoning for 6.5K as lowest bids, not convinced we'll wick below the 200 Week MA again this time around:



It's not only just above the 4 year moving average, but also the average traded price in the past 4 years. It's perfect!

I think 6400 is the biggest area of support right now, based purely on Price Action, nice to see some confluence

Current market analysis is so tough find out accurate result  i think so the biggest area 6400 nut also  movement upper support area 7600 then next support area 6400 we can say 6400/7600 overall support area are most stronger but not be accurate but true waiting for huge movement all market other side just confused moving Up or Down  Huh

Also bitcoin is now stable but ready for moving breakout soon.