Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Gachapin
on 19/12/2022, 23:17:08 UTC
dunno... but it smells a bit like we might be in for another leg down..  if, then hopefully just to do a double bottom

I’m thinking we first pump a little, and re-test that orange MA:



And of course SIDEWAYS. Tongue


missed the pump... 

but maybe the small dump to 16.2k was a mini fake-out, and next comes a little pump in preparation for a bigger dump...  .....but blablabla what do I know


However... the amount of BTC on exchanges approaches a new low. Which probably means that less people will sell into an upcoming dump.  So less profit for manipulators...

I guess sideways in general might be the best bet for now...