Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
ImThour
on 27/01/2022, 09:55:38 UTC
Okay so, I made this chart where my target was almost 19k however that was the case if BTC drops on that weekly candle itself.

Found something really interesting. Everytime BTC goes below 1 Week 50 MA, it retested 1 Week 200 MA.
Not saying it has to do this again but something to look at.  Wink



If we take time into consideration for the price to meet the Weekly 200 MA, it will be near about $24k.


Thanks for reading! Cheesy