Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
TheJuice
on 14/01/2023, 23:45:10 UTC
⭐ Merited by dragonvslinux (1)
OMG.. pink.

that's outrageous.

Funny thing is pink is tradition for finance, not sure why.    I much prefer it to a white background on a chart, it makes for a good contrast and its a naturally occurring color so why not.

https://www.investopedia.com/terms/i/inthepink.asp


I think 20k is most important to hold for the next week or so while waiting for 200 day average to turn upwards and we gain momentum more important then just spiky bursts which can reverse more easily then a tide change imo.

Agreed. I wouldn't mind us trading side ways for a couple weeks to establish a new baseline. I do think there's a chance we continue higher. We kept tickling 25k prior to F(raud)TX collapse.