Bitcoin

BTC Trend & Momentem Analysis forcast

177
BTC Trend & Momentem Analysis forcast

Hello Traders !

Here are my predictions of BTCUSD price expansion over the forseable future from a technical perspective / bias :

Used Indicators :

* Regression Line
- Micro regression (red) (400 bar lookback)
- Macro regression (green) (1000 bar lookback)
* Standard deviation channels
- sub 2 standard deviations (TTM - (Trailing Twelve months ~ 365 day lookback)
- sub 3 standard deviations (TTM)
* SMA (simple moving average)
- TTM SMA
- 40 SMA


all values calculated on daily timeframe

Key Inflection(rejection) points :
- approx 24000
- approx 14500
- approx 10000
- approx 42000

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.