Expected move for 27 March for Bitcoin I am going LONG

25 ก.พ. 2020

I made statistical analysis before on October and It did pretty well. Today I am doing it for the end of march 2020. As I see expected move according to the markets sentiment is between 8700$ for BTC and 11300$. It has 61.8% chance according to one standard divination that price would stay between this range. I personally believe that price would go up to 11 300$ or even more to the end of march. I made such prediction because I see many longs were liquidated on Bitmex last 14 days. If to be more precise 428 641 333 $ Longs were liquidated in last two weeks. Also price is holding 23.6% Fibonacci retracement from the bottom from 6300$ level if we measure it all the way up to 10 567$. Yes, price could retest 38.2% it would be 8900$ and bounce back to 11 300$. But my idea is that price eventually will go up to 11 300$ or more to the end of march.