Bitcoin: Support Break Risk
"The more we test this support of 200 week, the more likely it is that we break it. I mean we test it and test it and test it. Every week we test it. At some point if we keep testing it, it will give. It will give at some point."
ℹ️ In shortRepeatedly testing Bitcoin's 200-week moving average support level makes it more likely to break eventually.
This prediction is awaiting verification.
Details
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… So this is very important point in terms of valuation of Bitcoin. As you know, if you are here every day, you know it by now. Uh but but but the dive seems to be happening as we are getting rejected. You see this candle right here, the weekly candle. We are getting fully pushed down towards the 200 week. The more we test this support of 200 week, the more likely it is that we break it. I mean we test it and test it and test it. Every week we test it. At some point if we keep testing it, it will give. It will give at some point. Now this is for us good. Okay. B for us is good. now because the discounts that will be happening are very nice. We're going to go to 50 likely maybe even to the 40. It's very very possible. But all of this is right before the bull's return in Q4 and into 2027. So if you are a bull actually you should be longing for cheap price. Longing longing lo …
Related claims by Ivan on Tech (Ivan Liljeqvist)
IPO Forecast: Pump, Dump, Development
The author predicts an initial pump in IPO stock prices, followed by a dump, and then long-term development, similar to Amazon after the dot-com bubble.
Bull Market: AI Capital to Crypto
A bull market thesis is forming, expected to start later this year and continue until 2028, driven by capital rotation from AI into crypto.
Solana drops to 30
Solana, which was 68 yesterday, has dropped to 64 and appears to be heading towards 30 dollars.
Dividend impact on value
If the dividend stops being paid, the stock's value could fall to $50-60, reflecting its value without the dividend.