BTC Poised for a move

in LeoFinance2 years ago (edited)

I can't believe how sideways BTC has been recently. The candle yesterday only had a $150 range which is nuts. Look at how long we've been sideways.

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The Bollinger Bands are constricted the most they have been since July 2020. You also might remember that was the start of a pretty good run-up. Check out the RSI and MACD on the bottom. They look nearly identical to now.

BTC LEO.PNG

I wish I knew what way it was going to break. I'd like to think it will be up, but the traditional markets and current world economic atmosphere makes me pause.

Guess we'll see what happens and it shouldn't be long. What are your thoughts on this? Thanks for reading!

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Didn't we see this a while ago when it was bouncing between 38K and 42K or something like that. It felt like it was the song that never ends!

Yeah, this has been a strange Bear market. It's not going to stay here much longer. Kinda hoping for more downside so I can meet some buying goals.

I feel the same way. I have been stacking some USDC so I can take advantage when the real bottom hits.

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I got 0.205 BTC riding on this.

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Keeping my fingers crossed for you!

I dunno, @vgholdingsllc !

Me either Saver.

I think you are right, it's time to see what digital gold got 😂

I feel we can still see BTC at $10k

My next price target down is 12,042. We'll see if I'm close.