Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 18/04/2022, 03:43:37 UTC
⭐ Merited by friends1980 (1)


I think so we can consider it a majour buying zone as we can see the history here that is a Strong suport level also.

So if we consider the bounce back then that will be the perfect entry

Are you saying that strong support is in the $39k to $41k price arena?  And bounce back is coming this week?  or some later point?  And, if so how for is the bounce back going to go?  You know that we have not really gotten above the $46k for very long in this calendar year, so far, even though the toying around with $46k to $48k did end up lasting about a week at the end of March and the beginning of April, which caused some stronger speculations that the $32,951 bottom from January might be "in" but at the same time, if there were a kind of bounce back from our current range of something like $39k to $41k, then we would get back into that more trickier area in which there are more possible battles.

Sure there are still battles in the upper $30ks and lower $40ks but such battles do not seem to be as strong as the potential ones in the upper $40ks - so I am having some trouble, currently considering bouncing back into a battle zone to be considered as a bouncing back rather than putting the BTC price back into a battle zone area.. which surely, may well be due to resume the battle - even though personally, I would be having a hard time calling that a bouncing back rather than a return to the battle zone, if it were to occur that we go back in the $45k to $48k zone in the near future.