Bitcoin has taken out the low of August. Interesting price action, but given that we've just had this wick, I would assume the following: - Everyone is afraid. - Z-Score…
Original source excerpt
#Bitcoin has taken out the low of August. Interesting price action, but given that we've just had this wick, I would assume the following: - Everyone is afraid. - Z-Score extension to the downside i…
#Bitcoin has taken out the low of August. Interesting price action, but given that we've just had this wick, I would assume the following: - Everyone is afraid. - Z-Score extension to the downside implying that a mean reversion play is around the corner. - 200-Day MA liquidity taken. - Anthropic IPO coming up. Due to this, I think that a bounce towards $72,000-74,000 is fairly what we could expect to see happening over the coming days. As I said, I'm buying here.
AI context is not available for this statement. The original source can be read independently.