COINBASE:BTCUSD
Looking at the weekly chart of BTCUSD , we can see price’s intention to clear out buy-side liquidity resting at the 69500 zone.
This is expected because price has shown a similar cycle before raiding the buy-side liquidity resting above the 64800 zone.
Price is seen to be reacting to a demand zone presently and we expect a rally up into the 7000 zone soon.
Bitcoin logarithmic regression band Bitcoin / U.S. dollar BITSTAMP:BTCUSD effexor in bitcoin logarithmic regression band, we are on the bottom, maybe we looks more drop till price 19000 Average drop precentage: 74% duration: 276 days. […]
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