BitcoinLong
btc potential squeeze release
Updated
BTC found support at 0.8 and then 0.3 std.devs of a 120 candle MA (90mins) gathering enough momentum to rise to 2 std.devs
bollinger bands have begun expanding. as long as bulls gather support at keys levels such as 1.6 std.devs we should see a renewed push to beyond 95k
bollinger bands have begun expanding. as long as bulls gather support at keys levels such as 1.6 std.devs we should see a renewed push to beyond 95k
Note
my prediction for best buy in point is from 92000-92700USD but im an amateur so who knowsNote
correction: turning point should be from 91500-92700Trade active
looking good so far but potential resistance from 93500-94000
I am confident this is a breakout in the works but it worries me that momentum on long timeframes hasnt had the chance to reset, I would've preferred a period of sideways consolidation during this squeeze but i still think this has potential
Note
Seems my prediction was accurate here - now to see whether we can break 95k
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