Bitcoin is about to do a bigger move in next 24h.
As you can see on the chart especially the bollinger bands tighting up, this is a sign for a strong move in one direction.
In my opinion the direction would be probably up, Because please check next picture, we always having seen recent higher highs. But of course its only my personal opinion.
Especially one personal argument in my opinion is always when the general mood is: BTC will crash much more, BTC is doing the opposite. I think a lot of traders opened already short positions and the market makers are going to make big move soon in the other direction to liqudate these open shorts (only my personal opinion). We have seen this moves in past quiten often.
Please let me know what do you think?
No fincancial advise of course.
Greets,
Patrick