Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 31/05/2021, 16:57:41 UTC


BTC still Holding strong psychological support and  Bitcoin seems to be forming Chuvashov Fork in 4 hour time frame. 

If BTC breakout this downtrend 2 bears control will lose in next days and market will wake up nicely coming days.Target  42k - 46k - 50k

If it fails to hold current pattern(last support)  .that would be more bearish than bullish implying further breakdown in short term.then next bounce would be 30k - 25k



Source. https://web.whatsapp.com/

So what does it mean, Sayeds56?  You seem to be leaning slightly more in favor of a break UPpity rather than a break DOWNity?

Accordingly, what odds would you be giving it for one direction or another.. you proclaimed your target numbers after the break, but you did not provide any kind of meaningful specifics about how much you are leaning in one direction or another, even though you did seem to be leaning slightly towards up..... So what you say?  60/40?  or more bold?  or are you just giving a graphically detailed explanation with some break out targets and then just leaving it at 50/50, after all that?