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BTCUSD - Mean reversion to BB center line?
Bitcoin
Short
BTCUSD - Mean reversion to BB center line?
By mi_khan
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Aug 23
2
Aug 23
BTC has been in a descending triangle. If we break to downside, the downside target is around 40k, where it will also meet the monthly BB center line.
If we somehow break to upside, look for top around 80k (top of BB band).
Aug 23
Note
Btw. if we go to meet the monthly mean line (40k), we could go and make a new ATH after that (80k)
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mi_khan
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