Below support, entering buy zone
"And the fact will be that if we go below the support, we actually confirm the support break, we have arrived in this very sweet buy zone where it's impossible to say how low we're going to go. I think it's very likely we go to the 200 week moving average. Likely a bit below because normally we test 200 week, we go a bit below 200 week. We we derp around here for some months, some uh some weeks and then we find the bottom."
ℹ️ In shortIf the price drops below support, it confirms a break and enters a buy zone, likely falling to the 200-week moving average before finding a bottom.
This prediction is awaiting verification.
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… ove the buy zone and the fact that we did see a lot of people becoming super super mega bullish saying that this is the new bull market. I think the likelihood of us breaking this is quite high. But at the same time, you know, I think I think I feel this is we're not dealing with feelings. We're not dealing with thinking. We're dealing with facts. And the fact will be that if we go below the support, we actually confirm the support break, we have arrived in this very sweet buy zone where it's impossible to say how low we're going to go. I think it's very likely we go to the 200 week moving average. Likely a bit below because normally we test 200 week, we go a bit below 200 week. We we derp around here for some months, some uh some weeks and then we find the bottom. Very important. [clears throat] and we find the bottom and we recover. So the bullish story does start to come into picture. Okay, this is key to understand the bullish story is in fact coming more and more and more into the picture as we are seeing Bitcoin go down uh lower into the buy zone. So I do want everyone to start thinking in terms of bul …
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