Post
Topic
Board Speculation
Re: How low will BTC go before the next leg up to 45-50k??
by
Oilacris
on 14/01/2021, 22:55:48 UTC
How beautiful this morning.
I was surprised, when I saw btc price.
to the moon!

BTC Average True Range(ATR) was around 3K to 5K USD since the start of the year, So it's not surprising to see a sudden price pump since the price originally came from a correction. I really hoping that BTC price will become stable around 35k to 40k range so that it can build a solid support on that area. The current strong known support was 29K which is very far from the current price.
Lots of strong supports which do underlies in 29k range or even on 27k range which we can presume that we would really be hardly going down into that point if this current price
will be stabilizing or holding up for some quite time.

But we should really remove that possibilities that could happen because price can crash on least expected times and those supports would be just sweep away in an instant.

We hope that this will be sustainable and would able to held of and we might really be seeing those new peaks that we didnt anticipated to reached out.