Post
Topic
Board Speculation
Re: Buy coins at 17k weeks ago could be the best time to buy
by
dragonvslinux
on 11/08/2022, 06:02:44 UTC
Today BTC moves are more bullish than ever, my chart says we going to 27-28k and many people are waiting for 10k BTC, I think charts don't lie like people do, if a bearish signal is coming your chart will tell you but sitting on your hands and hoping for a satisfying buy price can leave you with many regrets.
"YOUR CHART"? really? nostra damus?  lol any links towards that prediction? because if not then this is another misleading mate and please stop doing this.

Not because bitcoin increased  recently means we need to expect so much remember that this is still a Bullish year and considering that last year is a super bull year? then we are expecting dumping this year of 2022 .

It was going to 28k  Roll Eyes But we're still at 23k, what's wrong OP? You said your charts don't lie but people do, so did you lie to us?

I think he means it is going to $28K, not was. Did he say it was going there within a few days? Price was still at $23K at the time of your posting because it was consolidating at support. While the OP hasn't revealed a chart to back up their claims, then it's what a lot of people are seeing right now: no resistance until $28K to $30K levels if $25K is broken to the upside. This doesn't mean it'll get there in a straight line, probably continuing the higher highs and higher lows trajectory price has already followed so far from around $20K. The OP is just pointing out how many remain bearish while price action, short to mid-term has turned bullish.

For example based on moving averages alone (which are very lagging indicators), price on the 4hr is fully bullish. On the daily chart it's mid-term bullish (above both short and mid-term MAs). On the weekly chart 200 WMA at $23K is being confirmed as support for the third consecutive week now, despite many expecting (wrongly) that price would get rejected there as it fell below for a few weeks. I'm not even saying that price will definitely get to $28K, simply that it seems more likely than further downside right now, as there is a big volume gap between $24K and $28K while $20K to $22K has become srtrong support.