Home Community Crypto, Trading, Investing, and Technology BTC buy signal issued at $9,970? Really? Reply To: BTC buy signal issued at $9,970? Really?


There seemed to be uncertainty on more than just the prediction engine. Independent analyses suggested it could go either way from the top resistance, which seemed reasonable given how often that resistance was tested over the past few weeks with whales seemingly cashed-out with the last drop. Change of say 20% gains (some claimed the next resistance past the 10-10.5K resistance was at 12K) with risk of dropping a bit or staying the same seemed reasonable with the model closing the trade with a 1-2% drop. While it has dropped further since that point, this is historically a tenuous point that is more unpredictable given the recent halving with frequent testing of the resistance.