#Bitcoin Low Volatility May Lead To 88% Upside
#Bitcoin has been trading at its lowest level of volatility ever. Big move coming. Up or down? If it's up last time price skyrocketed by 88% to the upside this would put price at around
48K
, also a major prior high which makes sense.
If it makes a move to the downside I could see it finding a bottom somewhere between about $18.5k and $22.5k.
With stocks looking strong, and leading into a positive Q4 2023 I'm leaning toward the moving being up.
We will see!
Remember... it's always when you least expect a big move up that it makes its big move up.
48K
, also a major prior high which makes sense. If it makes a move to the downside I could see it finding a bottom somewhere between about $18.5k and $22.5k.
With stocks looking strong, and leading into a positive Q4 2023 I'm leaning toward the moving being up.
We will see!
Remember... it's always when you least expect a big move up that it makes its big move up.