BTC: Crucial month and week candles
Bitcoin all time history index INDEX:BTCUSD
If we close month candle below monthly simple moving average 20 ( sma M20) BTC will go to the targets below ~23 300.
Reasoning (in the following ideas):
1. Fractals
2. FRS Policy and strong dollar index ( DXY )
3. Target at the center of Week SMA channel and history SMA supports
4. Liquidation price of Microstrategy loan at ~22 000
5. SP500 targets below 4 000
6. Experimental idea with Gann Fan
7. Oracle price target
If you are interesting in the following ideas, please, subscribe and dig deep to my account.
Thanks for your comments and likes.)
PS: token gift (live chart)
https://www.tradingview.com/chart/HCzOSnJs/
