BitcoinLong
Big Move incoming (BTC)
Updated
If bitcoin can hold this support line then we could be just be hours or days away of a major move to the upside. This support line doesn't just go back to February it starts all the way back in December 2020 , I will include my previous TA so you can see that trendline from December 2020.
Since February this support has been broken two times , for just 24hours before price found its way back , dropping 4% within 4 to 24hour timeframe.
So looking at the Historical Volatility Percentile we can see that the last time we were at these levels we had major moves and right now the stage is set for a move that could be just as big as February 8th.
Since February this support has been broken two times , for just 24hours before price found its way back , dropping 4% within 4 to 24hour timeframe.
So looking at the Historical Volatility Percentile we can see that the last time we were at these levels we had major moves and right now the stage is set for a move that could be just as big as February 8th.
Note
Flushing out weak hands with high leverage before a breakout to the upside just another day in the wild west.
t.me/+8CRZJqXrjwU4ODA0 re-launched telegram group , it is free , just place to chillout talk about crypto bull market , will be posting trades live randomly
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