Please leave feedback and opinions if you disagree I'm open to criticism.
like or follow if you agree. And I'll return the favor.
The above chart is based on the line break technical analysis.
I have drawn out the forcasting Bollinger band path of movement.
1 day chart we have bounced off the 20 day moving average, we are now below both the 20 and 50 day moving average, if Bitcoin attempts a recovery we won't see $10,000 again. 10k is gone. The 20 day moving average has become strong resistance and we are heading down further for accumulation prior to halving in May.
like or follow if you agree. And I'll return the favor.
The above chart is based on the line break technical analysis.
I have drawn out the forcasting Bollinger band path of movement.
1 day chart we have bounced off the 20 day moving average, we are now below both the 20 and 50 day moving average, if Bitcoin attempts a recovery we won't see $10,000 again. 10k is gone. The 20 day moving average has become strong resistance and we are heading down further for accumulation prior to halving in May.