February: potential Bitcoin low breach
"I do not think the February low is necessarily safe from being taken out. I do not. I I think it is possible that we could take out that low in the month of But this will be the month to do it, right?"
ℹ️ In shortThe February Bitcoin low is not safe and could be breached this month, which would be typical for a significant drop.
Predictions closed
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… Obviously, we would all be happy if we could look at the chart and and and Bitcoin could start going higher, but that's not the market we have, right? The market we have is is look we're looking at this capitulation into the June low. The 200-week moving average is probably going to put up a little bit of a fight here. I do not think the February low is necessarily safe from being taken out. I do not. I I think it is possible that we could take out that low in the month of But this will be the month to do it, right? You get your big drop, and and you can see, when you look at the prior drops, how you'll you'll form like a massive wick down, and then that wick will then form the low for for the next couple of months or so. So, look for that. Look for that wick low to to sort of show up and then when it does show up, then maybe sort of pivot to being like, all …
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