120 1-hour K-lines, $BTC ground down from 86999 to 82666, falling 2.59% over the range.
In one sentence: no sudden crash, but every rebound gets pushed back—this is what’s most exhausting.
1-hour Bollinger Bands:
・Upper band 83658
・Middle band 82929
・Lower band 82199
My view:
1)The 82929 middle band hasn’t held for a day; first, the rebound is more like a technical correction.
2)Support below looks at 81773—this is the low of these 120 K-lines.
3)Invalidation condition: if the 1h close stands above 83658, I’ll admit I’m wrong and switch my focus to above 84000.
When there’s no news overnight, the thing I fear most is chasing orders. Keep position size smaller—it’s easier to sleep.
Do you think it will sweep 81773 first, or directly rebound to 83658?
#BTC #content mining
Personal opinion—watch the risk. DYOR
In one sentence: no sudden crash, but every rebound gets pushed back—this is what’s most exhausting.
1-hour Bollinger Bands:
・Upper band 83658
・Middle band 82929
・Lower band 82199
My view:
1)The 82929 middle band hasn’t held for a day; first, the rebound is more like a technical correction.
2)Support below looks at 81773—this is the low of these 120 K-lines.
3)Invalidation condition: if the 1h close stands above 83658, I’ll admit I’m wrong and switch my focus to above 84000.
When there’s no news overnight, the thing I fear most is chasing orders. Keep position size smaller—it’s easier to sleep.
Do you think it will sweep 81773 first, or directly rebound to 83658?
#BTC #content mining
Personal opinion—watch the risk. DYOR