I made statistical analysis before on October and It did pretty well. Today I am doing it for the end of march 2020. As I see expected move according to the markets sentiment is between 8700$ for BTC and 11300$. It has 61.8% chance according to one standard divination that price would stay between this range. I personally believe that price would go up to 11 300$ or even more to the end of march. I made such prediction because I see many longs were liquidated on Bitmex last 14 days. If to be more precise 428 641 333 $ Longs were liquidated in last two weeks. Also price is holding 23.6% Fibonacci retracement from the bottom from 6300$ level if we measure it all the way up to 10 567$. Yes, price could retest 38.2% it would be 8900$ and bounce back to 11 300$. But my idea is that price eventually will go up to 11 300$ or more to the end of march.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.