Bitcoin: Dubious Speculation
In this video we talk about Bitcoin nearing the 200D SMA.
In 2018/2022, the 200D SMA was the local high.
In 2014/2019, BTC went slightly above.
In 2014/2018/2022, the lower high occurred around the 0.382 Fib retracement, which is around $85k.
But in 2018 and 2022 that corresponded to the 200D SMA.
Tough market to get right, but my guess is that a lower high is eventually formed and then BTC forms a major low in October 2026.
Bitcoin: Dubious Speculation
In this video we talk about Bitcoin nearing the 200D SMA.
In 2018/2022, the 200D SMA was the local high.
In 2014/2019, BTC went slightly above.
In 2014/2018/2022, the lower high occurred around the 0.382 Fib retracement, which is around $85k.
But in 2018 and 2022 that corresponded to the 200D SMA.
Tough market to get right, but my guess is that a lower high is eventually formed and then BTC forms a major low in October 2026.
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